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Euro Growth IndicatorJuly 2017

High growth momentum in the euro area

The euro area economy is expected to continue to grow at solid rates in the summer semester of 2017. According to the July Euro Growth Indicator calculated by the EUROFRAME group, GDP growth is forecast at 0.7 per cent growth in the second quarter, the estimate for the third quarter has been raised to 0.4 per cent from last month's calculation.

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Euro Growth IndicatorJune 2017

Euro Growth Indicator shows high current growth momentum in the euro area

The June Euro Growth Indicator, calculated by the Euroframe Group, suggests that growth in the euro area will remain firm in the second quarter of 2017, at an estimated quarterly growth rate of 0.7 percent. While the first estimate for the third quarter indicates a slowdown to 0.3 percent, year-on-year growth would still remain at close to 2 percent.

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Euro Growth Indicator May 2017

Euro area growth at a 2% annual pace

The euro area will grow by 0.7 per cent growth in the first quarter 2017 and by 0.4 per cent in the second quarter, according to the May estimate of the Euro Growth Indicator.On a y-o-y basis GDP growth would be close to 2 per cent in Q1 and Q2.

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Euro Growth Indicator April 2017

Pace of euro area growth to moderate again

The euro area economy has started the year on a strong note but is expected to slow to a more moderate pace of growth in the months to come. The April estimate of the Euro Growth Indicator calculated by EUROFRAME forecasts 0.7 per cent growth in the first quarter 2017 and 0.4 per cent in the second quarter, more or less on par with the growth registered by Eurostat for the second half of 2016.

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