Euro Growth Indicator shows modest but positive growth for the next two quarters
The June Euro Growth Indicator suggests that euro area GDP growth will slow to a quarterly rate of only 0.1 per cent in the second quarter of 2019 before accelerating mildly to a growth rate of 0.3 per cent in the third quarter. The indicator implies year-on-year growth rates of 0.9 per cent and 1.1 per cent Q2 and Q3, respectively.
More information on this topic on our Euro Growth Indicator section.