There is a widespread perception that the business climate in the Euro Area is improving. Available data—other than surveys—match these optimistic expectations only to some extent.
The Conference Board Economics Watch® European View, April 2017
The Conference Board Economics Watch® European View, April 2017
Global Economic Analysis
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There is a widespread perception that the business climate in the Euro Area is improving. This led the European Central Bank to revise its GDP forecast upward to 1.8 percent for 2017, higher than the consensus estimate of 1.6 percent. However available data—other than surveys—match these optimistic expectations only to some extent, for example when it comes to global trade and wages.
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