Euro Growth Indicator

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Euro Growth Indicator shows continued growth for the first half of 2018

The March Euro Growth Indicator suggests that in the first quartereuro area GDP will continue to grow at a quarter-on-quarter rate of 0.6 per cent. This implies a year-on-year growth rate of 2.7 per cent,  close to the Eurostat flash estimate for growth in the last quarter of 2017. According to the first estimate for the second quarter euro area growth would be somewhat slower at 0.4 per cent and  2.4 per cent, respectively.

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Euro area GDP expected to grow by 0.6 per cent in the first quarter of 2018

According to the Euro Growth Indicator calculated by the EUROFRAME group of economic research institutes, in the first quarter of 2018 euro area GDP will continue to grow at 0,6 per cent, close to the pace registered by EUROSTAT in the preliminary flash estimate for the last quarter of 2017.

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Euro area economy enters 2018 with robust growth

According to the January Euro Growth Indicator, GDP in the euro area is forecast to grow by 0.9 per cent in fourth quarter of 2017, the highest rate of growth in seven years. The estimate for the first quarter 2018 has been revised upwards by 0.1 percentage point to 0.6 percent, suggesting that economic growth is moderating only modestly in the beginning of the new year.

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Peak of euro area growth in the fourth quarter 2017

The December Euro Growth Indicator estimate sees euro area growth accelerating to 0.9 per cent in the fourth quarter of 2017. The first estimate of the Indicator for the first quarter of 2018 suggest that that the economic Expansion in the euro area will continue, but at a more moderate pace of 0.5 per cent.

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