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The euro zone’s low trend productivity gains are a concern
The euro zone’s l ow trend productivity gains since 2002, at less than only 1% per year , are a concern . They suggest that potential growth in the euro zone is around 1.2% per year at best. What may account for the weakness of productivity gains in the euro zone? A rising weight of sectors (domestic services) with a low level of productivity? Insufficient investment in new technologies and capital modernisation? An insufficient overall level of corporate investment? An ageing labour force?
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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.
Patrick Artus
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