Euro area growth expected to rise to 0.5 per cent in the first quarter of 2020, but…
According to the Euro Growth Indicator, euro area GDP will grow by 0.5 per cent in the first quarter of 2020 following sluggish growth of only 0.1 per cent at the end of 2019 amid a tentative improvement in the industrial sector confidence. The surveys included in the calculation of the Indicator, however, do not reflect new uncertainties related to the outbreak of a novel coronavirus in China, suggesting that this estimate might prove optimistic.
More information on this topic on our Euro Growth Indicator section.