Stable growth in the euro area
Growth in the euro area will not to decelerate further for the time being, according to the July Euro Growth Indicator calculated by the EUROFRAME group of economic research institutes. The second quarter GDP forecast is 0.5 per cent, slightly higher than the Eurostat growth estimate for the first quarter, and the estimate of the Euro Growth Indicator for the third quarter has been revised up to 0.6 per cent.
More information on this topic on our Euro Growth Indicator section.