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ECB’s Lagarde: Recent Data Points To Some Improvement In Economic Activity

Activity In Services Partly Recovered Digital Services Robust, Partly On AI Manufacturing Continued To Hold Up Growth To Remain Modest On Near Term, Indicators Suggest Firms, Households Expect Labour Market To Remain Weaker Than Before Conflict Drivers Of Medium-Term Growth Remain Intact Urgent Action Needed To Strengthen Euro Area Economy Fiscal Responses To Energy Shock Should Be Temporary, Targeted

Activity In Services Partly Recovered Digital Services Robust, Partly On AI Manufacturing Continued To Hold Up Growth To Remain Modest On Near Term, Indicators Suggest Firms, Households Expect Labour Market To Remain Weaker Than Before Conflict Drivers Of Medium-Term Growth Remain Intact Urgent Action Needed To Strengthen Euro Area Economy Fiscal Responses To Energy Shock Should Be Temporary, Targeted