The Conference Board Economics Watch® European View—July 2019

The Conference Board, Inc., 8 pages, July 15, 2019
0/5 based on
(You are signed in anonymously, to review, create an account)
Upbeat consumers keep the Euro Area economy afloat.

Document Highlights

Nominal wages increased by 2.5 percent in Q1 while inflation remains low so far, well below 2 percent in most countries, strengthening the purchasing power of households. The unemployment rate fell to 7.5 percent in May, the lowest rate recorded in the Euro Area since July 2008. The main cloud on the horizon concerns Germany. Confidence in the economic engine of the Euro Area is deteriorating rapidly. Industrial production growth has been in negative territory since November 2018. Yet, the government seems reluctant to use fiscal policy to sustain the economy, putting growth in the entire Euro Area at risk.

COVID-19: Get all the insights

Access document

(you will be asked to sign-in)

To see if you are entitled to get this research for free, take a minute and create a free e-Library account. This will let us determine if someone else at your organization has already purchased access to this material.

Browse by...
Need Help?