This slide looks at the state of the eurozone economy.

The chart on the left shows export and consumption growth has started to slow down over the past few months as economic growth both domestically and internationally begins to slow.

The chart on the right breaks eurozone inflation into key components. The Russia-Ukraine conflict led to a significant spike up in energy and food prices. However with a warmer-than-expected winter and ample gas supplies, energy and food prices have started to soften. On the other hand, core goods and service prices have started to pick up.