The 20 eurozone countries saw modest growth in Q2
New inflation figures are to be published Friday
The eurozone had a technical recession, with output dropping in Q4 2022 and Q1 2023
Inflation and U.S. bank turmoil still pose challenges
Analysts say the ECB's meeting Thursday could end in a quarter- or half-percentage point rate hike
Despite the drop in Spain and the Netherlands, core eurozone inflation remains sticky
The European Central Bank is expected to raise interest rates again mid-month
Steadier natural gas prices contributed to the improved outlook
The ECB is expected to hike rates by a half-point on Thursday
Inflation reached 10.7% in October, the highest since statistics began to be compiled for the eurozone in 1997