Euro Growth Indicator

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Euro Growth Indicator October 2014

Euro Area growth remains weak at 0.2 and 0.1 per cent in the third and fourth quarters of 2014, according to the Eurogrowth Indicator calculated by the EUROFRAME group in October. The growth estimates were unchanged from September, although the model was re-estimated.The quarterly growth estimates translate into year-on-year growth rates of 0.8 and 0.6 percent, respectively.

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Euro Growth Indicator September 2014

The outlook for the euro area has deteriorated. After a relatively good start into
this year, economic growth slowed down considerably. According to the September
estimate of the Eurogrowth indicator, only minor increases of real GDP can be
expected for the second half of 2014: Just 0.2 percent in the third quarter (which
is a downward revision of 0.2 percentage points), and a meagre 0.1 percent in the
fourth quarter.

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Euro Growth Indicator August 2014

Weak momentum in Euro Area growth

According to the August Euro Growth Indicator, real GDP would increase by 0.3 and 0.4 per cent on a quarter-on-quarter basis in the second and third quarters of 2014, respectively. The predicted growth is quite fragile as the contribution of industrial surveys is weakening rather strongly, which to a large part is probably due to the rising uncertainty related to the widening conflict in Ukraine.

 

 

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Euro Growth Indicator July 2014

A sluggish and fragile recovery in the euro area.

According to the July Euro Growth Indicator, real GDP would increase by 0.3 and 0.4 percent on a quarter-on-quarter basis in the second and third quarters of 2014, respectively. Downward revisions compared to earlier estimates emphasize that the growth path remains highly fragile.

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