Eurozone construction PMI fell to 42.8 in June from 43.7, back near 2023 lows, weeks after the ECB raised its deposit rate to 2.25%, exposing a hawkish-dovish split on the Governing Council ahead of the July 23 meeting.
Bank of Italy Governor Fabio Panetta addressed the ChaMP Network conference in Rome on July 7, describing the euro area economic outlook as fragile amid global shifts. Source
