Key euro-area output data next week are expected to show the economy stagnated in the second quarter, the flipside of tariff-related frontloading that provided an temporary boost at the start of the year.
Economists in a Bloomberg poll expect Wednesday’s figures to show gross domestic product remained flat in the three months through June, after 0.6% expansion in the first quarter. That performance was lifted by a sudden increase in trade — particularly visible in Irish figures — before Donald Trump’s expected announcement of global import duties.