Eurozone | Improved outlook, still subdued inflation
Published on Tuesday, November 28, 2017 | Updated on Wednesday, November 29, 2017
Eurozone | Improved outlook, still subdued inflation
Summary
Our MICA-BBVA model suggests a steady growth pace in 4Q (0.6%/0.7% QoQ), so far supported by very strong confidence, with more mixed signals from hard data. Positive incoming data, mostly from Germany, pose an upward bias to our growth outlook. Both headline and core inflation eased and remain subdued in October, while our forecasts continue at 1.5% and 1.2% for 2017-18.
Geographies
- Geography Tags
- Europe
Topics
- Topic Tags
- Macroeconomic Analysis
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Authors
Manuel Cabezas
Rodrigo Falbo
BBVA Research - Principal Economist
Agustín García
BBVA Research - Principal Economist
Miguel Jiménez
BBVA Research - Lead Economist
Fernando Soto
Documents and files
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