Steady but still moderate economic expansion in the euro area
In the summer half of 2016, the economic expansion in the euro area is expected to continue at a solid though moderate pace, according to the June estimate of the Euro Growth Indicator calculated by the EUROFRAME. The indicator forecasts 0.4 per cent growth in both the second and third quarter of this year, following the 0.5 per cent growth rate published by EUROSTAT for first quarter 2016.
More information on this topic on our Euro Growth Indicator section.