Euro Growth Indicator shows high current growth momentum in the euro area

The June Euro Growth Indicator, calculated by the Euroframe Group, suggests that growth in the euro area will remain firm in the second quarter of 2017, at an estimated quarterly growth rate of 0.7 percent. While the first estimate for the third quarter indicates a slowdown to 0.3 percent, year-on-year growth would still remain at close to 2 percent.

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