EUROFRAME News

News 2017

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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EUROFRAME Report Winter 2016/2017

The 2017 EUROFRAME Economic Assessment of the Euro Area report has been released.

This Euroframe Report presents an assessment of the euro area economic outlook for 2017 and beyond based on a synopsis of the forecasts of Euroframe institutes. In times of increased uncertainty and with tailwinds from lower oil prices fading, the euro area economy is expected to expand at a moderate pace with GDP rising by 1.6 per cent and 1.5 per cent in 2017 and 2018, respectively. The report also contains brief country notes summarizing the individual institute’s own country forecasts. In the focus section the impact of Brexit is discussed, based on work done in the Euroframe institutes..

The report can be downloaded here (PDF).

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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. 

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

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