Eurozone | Unchanged forecast of steady moderate growth, but downward risks are mounting
Published on Monday, October 29, 2018 | Updated on Tuesday, October 30, 2018
Eurozone | Unchanged forecast of steady moderate growth, but downward risks are mounting
Summary
Eurozone GDP growth has stabilized at lower levels and remains robust on strong domestic demand. We maintain our forecasts unchanged at 2.0% for 2018 and 1.7% for 2019, but leading indicators have moderated, raising concerns about sustained growth in a context of monetary policy normalization, strains on Brexit and Italy's budget and the risk of an intensified trade war.
Geographies
- Geography Tags
- Europe
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Rodrigo Falbo
BBVA Research - Principal Economist
Agustín García
BBVA Research - Principal Economist
Miguel Jiménez
BBVA Research - Lead Economist
Iñaki Martínez
María Moraga Fernández
Documents and files
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