Euro zone business surveys suggest slow but steady growth in Q2

London

ECONOMIC growth in the euro zone will be steady but slow in the second quarter, surveys suggested on Wednesday, underlying European Commission concerns about the vulnerability of the currency bloc's upturn.

Retail sales also fell across the euro zone as a whole in March, and a price indicator offered no succour to the European Central Bank in its struggle to stave off deflation.

The final composite Purchasing Managers' Index from Markit, which usually gives a good steer on overall economic growth, was at …