Euro Growth Indicator suggests rather strong fourth quarter for the Euro Area
The Euro Growth Indicator, calculated by the Euroframe group in November 2016, suggests that euro area GDP growth will accelerate in the fourth quarter of 2016, both in comparison to the third quarter growth and to the previous estimate calculated in October. According to the indicator, quarter-on-quarter GDP growth in the euro area would accelerate to 0.6 per cent in the fourth quarter, implying a relatively robust year-on-year growth rate of 1.8 per cent.
More information on this topic on our Euro Growth Indicator section.