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Euro Growth Indicator August 2016

Euro Growth Indicator shows some strengthening in euro area growth

The Euro Growth Indicator, calculated by the Euroframe group in August 2016, suggests an acceleration of GDP growth in the third quarter of 2016 both in comparison to the second quarter and to the previous estimate in July. Quarter-on-quarter GDP growth in the euro area would accelerate to 0.6 per cent in the third quarter, up by 0.1 percentage points from July’s indicator value.  The implied year-on-year growth rate would be 1.8 per cent.

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Euro Growth Indicator July 2016

Euro area GDP expected to remain on a moderate growth path

Real GDP in the euro area should grow by 0.5 and 0.4 percent, respectively, in the second and third quarters of this year, according to the July Euro Growth Indicator. The indicator’s estimate for the second quarter has been revised slightly upward, while the estimate for 2016Q3 is unchanged. On a y-o-y basis, these forecasts imply a stronger momentum, rising from 1.5 percent growth in 2016Q1 to 1.8 and 1.9 percent in the second and third quarters, respectively.

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Euroframe Conference 2016 Programme released

The programme of the 13th Euroframe June conference to be held in Utrecht on June 10th 2016 has been updated and amended. The conference will be dealing with effects and policy implications of balance sheet misalignments for the EU economies. Programme and downloadables, including registration form, can be found here.

 

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Euro Growth Indicator June 2016

Steady but still moderate economic expansion in the euro area

In the summer half of 2016, the economic expansion in the euro area is expected to continue at a solid though moderate pace, according to the June estimate of the Euro Growth Indicator calculated by the EUROFRAME. The indicator forecasts 0.4 per cent growth in both the second and third quarter of this year, following the 0.5 per cent growth rate published by EUROSTAT for first quarter 2016.

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