Swiss Economicblogs.org
We continue to forecast a gradual pick-up in the pace of economic expansion from 1.5% in 2015 to 1.8% in 2016, largely led by domestic demand. Read the full report here According to Markit’s preliminary estimates, the euro area composite PMI decreased slightly from 53.1 in March to 53.0 in April. Nevertheless, the employment component improved in both the manufacturing and services sectors. Looking at forward-looking components, the manufacturing new export orders and new business...
Read More »Deflationary pressures slacken in the euro area
