eurozone growth


Spain consumption

Eurozone private consumption will increase after Q2 to 1.4% in 2019

Jean-Christophe Delfim (Edmond de Rothschild ) | Economic growth in the Eurozone was 1.9% in 2018. However, in the last quarter a slowdown was observed to 1.2% yoy, due to the negative contribution of the trade balance (-0.4 pp), as a consequence of the sharp deceleration in exports provoked by international trade disputes.


Eurozone GDP grows 0.4% in Q119, doubling the rate of previous quarter

After the surprise increase in GDP in the US in Q119, we have learnt that, according to the preliminary data by Eurostat, the Eurozone economy grew 0.4% in the first three months of the year, doubling the growth rate of 0.2% registered in the fourth quarter of last year, while in the EU as a whole GDP grew 0.5% compared to 0.3% in the previous quarter.



Eurozone companies´ optimism at minimal levels

BS Markets | The growth of the Eurozone economy continued in August, although “at a slower rhythm tan in the last 18 months”. Moreover, companies´expectations of future growth have fallen to the lowest level in almost two years, according to the data of the PMI study by consultant Markit.

 



Can Europe Remain Resilient?

UBS | Tracking Europe’s resilience In this report, we aim to shed light on the question we have been asked most frequently in recent weeks: “Can Europe hold up when problems elsewhere are getting worse?” So far, the Eurozone has held up respectably, which we attribute to the fact that European growth is mainly driven by domestic demand, not exports. We believe this should also provide Europe with decent resilience going forward.