Increased risks do not substantially reduce the outlook for growth in the euro area for the time being

GDP growth in the euro area will be rather sustained at the turn of 2015 and 2016 despite an apparent increase in external risks, according to the EUROGROWTH indicator calculated by the EUROFRAME group in January 2016. The expected quarter-to-quarter growth rates remain 0.7 per cent for the fourth quarter of 2015 and 0.5 percent for the first quarter of 2016. On a year-over-year basis, GDP growth would reach 1.9 per cent, which means an acceleration from the 1.6 percent currently estimated by Eurostat for the third quarter of 2015.

More information on this topic on our Euro Growth Indicator section.