Euro area growth continues strong
Euro area growth is expected to be strong in the winter quarters 2015-2016, according to the December EUROGROWTH Indicator. The Indicator points to 0.7 per cent growth for the fourth quarter of 2015, which is unchanged from the November estimate. The first estimate for the first quarter growth in 2016 is a bit lower at 0.5 per cent. In year-on-year terms, the growth rates for the two forecast quarters are both 1.8 per cent, which would be the strongest growth since the summer of 2011.
More information on this topic on our Euro Growth Indicator section.