Euro Growth Indicator

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Weakness in industry weighs on growth in the euro area

Euro area growth will remain sluggish until the end of this year dragged down by renewed weakness in the industrial sector, according to the October Euro Growth Indicator. GDP is forecast to increase by only 0.2 per cent both in the third and the fourth quarter of 2019.

 

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Euro Growth Indicator shows slightly accelerating growth for the next two quarters

Growth in the euro area will remain solidly positive in the near term, according to the September Euro Growth Indicator, at 0.2 per cent in Q3 and 0.4 per cent in the final quarter of 2019, mainly due to a stabilisation of sentiment in the industrial sector.

 

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Euro area GDP growth expected to remain weak in the third quarter of 2019

Euro area growth will grow by a mere 0.1 per cent in the third quarter, according to the August Euro Growth Indicator. This follows an increase of 0.2 per cent in Q2 according to the EUROSTAT advance estimate, which was marginally above the rate suggested by the Euro Growth Indicator.

 

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Continued weakness of growth in the euro area

Euro area growth remains sluggish for the time being, according to the July Euro Growth Indicator. GDP is forecast to increase by only 0.1 per cent in second quarter of 2019, with no significant acceleration in sight for the third quarter.

 

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