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Euro Growth Indicator February 2019

Euro area GDP growth to remain moderate in the first quarter of 2019

Euro area GDP grew by 0.2 per cent in the fourth quarter of 2018, according to the preliminary flash estimate released by EUROSTAT, slightly less than the 0.3 per cent growth anticipated by the EUROGROWTH indicator calculated by EUROFRAME. According to the EUROGROWTH indicator, euro area GDP growth would slightly decelerate from 0.3 per cent in the fourth quarter of 2018 to 0.25 per cent in the first quarter of this year driven by the deterioration of the sentiment in the industrial sector.

 

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

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EUROFRAME Conference 2019: CfP Deadline 15 February

The deadline of the Call for Papers for the 16th EUROFRAME Conference on Economic Policy Issues is approaching.

The conference dealing with "Greater cohesion in an increasingly fractured world: Where now for the European project?" will be held on 7 June 2019 in Dublin.Submissions deadline: 15 February 2019.

The call for papers has been released and can be downloaded here (PDF).

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EUROFRAME Report Winter 2018/2019

The 2019 EUROFRAME Economic Assessment of the Euro Area report has been released.

This Euroframe Report presents an assessment of the economic outlook for 2019 and 2020 focused on the euro area based on a synopsis of the forecasts of Euroframe institutes. The euro area economy is expected to moderately slowdown with growth rates of 1.6 percent in 2019 and 1.5 percent in 2020 and significant downside risks stemming from a potential escalation of trade disputes and the uncertainties around Brexit. The Focus section takes a closer look at wage developments finding that nominal wages in Europe have finally picked up in response to the progressive economic recovery and falling unemployment, although the strength of the upturn differs across countries depending on their position in the cycle.

The report can be downloaded here (PDF).

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Euro Growth Indicator January 2019

Growth in the euro area to remain muted

Growth in the euro area is expected to pick up somewhat from the low third quarter reading, but remain moderate for the time being, according to the January EUROFRAME Euro Growth Indicator. GDP is forecast to rise by 0.3 per cent in both the fourth quarter of 2018 and the first quarter of 2019, representing only modest improvement from the disappointing 0.2 percent growth registered by Eurostat for the July-September quarter. On a year-over-year basis, growth would decelerate to 1.3 per cent and 1.2 per cent in 2018Q4 and 2019Q1, respectively, down from 1.6 per cent in the third quarter and 2.7 per cent in the fourth quarter of last year.

 

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

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