Euro Growth Indicator

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Slightly improved outlook for growth in the euro area

Euro area growth is likely to strengthen somewhat in the beginning of 2020 after another quarter of sluggish growth in the final months of last year, according to the January Euro Growth Indicator. GDP is forecast to increase by close to 0.4 per cent in the first quarter of this year, following a third consecutive quarter of only 0.2 per cent growth at the end of 2019.

 

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Euro Growth Indicator suggest stable but modest growth for the current and next quarters in the euro area

The December Euro Growth Indicator suggests that euro area GDP will continue to grow at a moderate rate of 0.2 per cent in the final quarter of 2019. The first tentative estimate for the first quarter points to only a slight acceleration to 0.3 per cent.

 

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Euro area GDP expected to continue to grow by 0.2 per cent only in Q4 2019

The November Euro Growth Indicator confirms that euro area GDP will remain sluggish until the end of this year. GDP is forecast to increase by only 0.2 per cent in the fourth quarter of 2019, matching the rate published for the third quarter in the EUROSTAT flash estimate.

 

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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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