Recovery Euro area GDP growth expected to remain on track
GDP growth in the euro area will slightly accelerate to 0.6 per cent in the second quarter of 2015 from 0.4 percent both in the final quarter of last year and in the 1st quarter of 2015, according to the July EUROGROWTH Indicator estimate. While the second quarter estimate is unchanged from last month, the estimate for the third quarter is revised downwards, from +0.7 % to +0.5 percent, reflecting somewhat weaker confidence in the industrial sector.
More information on this topic on our Euro Growth Indicator section.