PHOTO
(FILES) This file photo taken on February 2, 2023 shows the headquarters of the European Central Bank (ECB) in Frankfurt am Main, western Germany. - The European Central Bank is all but certain to raise interest rates again, shifting analysts' attention to how much higher policymakers plan to go in the months ahead to tame inflation. The ECB's 26-member governing council will "very, very likely" raise interest rates by another half a percentage point at its meeting in Frankfurt, president Christine Lagarde said. (Photo by Daniel ROLAND / AFP)
Economic growth in the eurozone accelerated in March and hit a 10-month high, according to the closely-watched S&P Global PMI output index published on Friday.
Data from the survey showed the indicator at 54.1, up from 52.0 in February, thanks to the services sector. A reading over 50 represents growth in economic activity.