Sluggish growth in the euro area
The euro area remains in the doldrums, according to the April Euro Growth Indicator calculated by the EUROFRAME group of economic research institutes. GDP is forecast to rise by a modest 0.3 per cent in first quarter of 2019 and by only 0.1 percent in the second quarter. On a year-over-year basis, growth would decelerate to 1.0 per cent and 0.7 per cent in 2019Q1 and 2019Q2, respectively.
More information on this topic on our Euro Growth Indicator section.