Eurozone | Strong growth continues in 1Q18 but confidence seems to peak
Published on Tuesday, February 27, 2018 | Updated on Thursday, March 1, 2018
Eurozone | Strong growth continues in 1Q18 but confidence seems to peak
Summary
GDP growth moderated in 4Q17 but increased above potential for the third year in a row (+2.5% in 2017). Hard data improved by the end of last year but sentiment indicators moderated in February. Our MICA-BBVA model estimates an upturn in growth to around 0.6/0.7% QoQ for 1Q18. We continue to expect a gradual slowdown over the year to a still strong growth of 2.2% in 2018.
Geographies
- Geography Tags
- Europe
Topics
- Topic Tags
- Macroeconomic Analysis
Tags
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
Warning: Invalid argument supplied for foreach() in /var/www/html/wp-content/themes/bbvaresearch/single.php on line 850