Report
Euro-NowNat continues to forecast sub-trend growth early next year
Our latest update of Euro- NowNat after today’s release of the November PMIs shows little change from the previous forecast: the euro area economy is seen to grow by 0.37% in Q4:2018 and 0.28% in Q1:2019. Thus, Euro- NowNat continues to expect the growth momentum in the euro area to ease. At the same time, the re is no indication of a more severe deterioration of the economic outlook. Our official forecast sees euro area GDP at 0.3% for both quarters.
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Natixis
Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.
Dirk Schumacher
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