Euro zone economy shrinks at record rate, worse to come
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BRUSSELS (Reuters) - The eurozone economy contracted at a record rate in the first three months of the year and inflation slowed sharply as much economic activity in March came to a halt because of the COVID-19 pandemic, data showed on Thursday.Economists expect even worse numbers for the second quarter.According to a preliminary flash estimate from the European Union's statistics office Eurostat, economic output in the 19 countries sharing the euro currency in January-March was 3.8% smaller..