Euro Growth Indicator

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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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Euro Growth Indicator March 2017

Euro Growth Indicator shows a robust growth for the first half of 2017

The Euro Growth Indicator, calculated by the Euroframe group in March 2017, suggests that euro area GDP growth will remain robust during the first half of 2017. According to the indicator, quarter-on-quarter GDP growth in the euro area would accelerate to 0.7 per cent and 0.5 per cent in the first and second quarters of 2017, respectively, up from  0.4 per cent in the Eurostat flash estimate for the last quarter of 2016. 

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Euro Growth Indicator February 2017

A steady growth path in the near term

Euro area growth will remain solid in the first quarter of 2017, according to the February estimate of the Euro Growth Indicator calculated by EUROFRAME. The indicator suggests growth of close to 0.7 per cent in 2017Q1, unrevised from January. On a y-o-y basis the indicator’s estimate would translate into growth of 1.9 per cent in 2017Q1. 

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Euro Growth Indicator January 2017

Upturn in the euro area gathers pace

Growth in the euro area seems to strengthen, according to the January estimate of the Euro Growth Indicator. The Indicator forecasts the growth rate  to rise to 0.7 per cent in both the fourth quarter 2016 and the first quarter of 2017, up from 0.3 per cent recorded by Eurostat for the preceding two quarters. The indicator estimates have been revised up from December by 0.12 and 0.19 percentage points, respectively. 

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