Published on Tuesday, September 19, 2017 | Updated on Thursday, September 21, 2017
Eurozone | Growth expected to stabilize in 3Q on strong confidence
Summary
Our MICA-BBVA model suggests a quarterly GDP growth figure of 0.6% in 3Q, but we cannot rule out a slight moderation given weaker hard data. Both industrial output and retails sales softened in July, while exports have also moderate during 3Q. In contrast, overall confidence data remain optimistic. Annual inflation accelerated in August to 1.5% with stable core measures.
Geographies
- Geography Tags
- Europe
Topics
- Topic Tags
- Macroeconomic Analysis
Documents and files
Authors
MC
Manuel Cabezas
MC
Manuel Cabanillas
RF
Rodrigo Falbo
BBVA Research - Principal Economist
AG
Agustín García
BBVA Research - Lead Economist
MJ
Miguel Jiménez
BBVA Research - Lead Economist
FS
Fernando Soto
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