EUROFRAME News

News 2017

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. 

More information on this topic on our Euro Growth Indicator section.

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