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Tag Archives: French growth

Domestic demand fuels strong Q1 euro area growth

The Q1 figure confirms our expectations of 1.8% growth this year, despite some clouds on the horizon Read the full report here Euro area GDP rose by 0.6% quarter on quarter (q-o-q) in Q1, in line with our above-consensus forecast. Evidence from high-frequency data suggests that domestic demand was the main engine of growth once again, supported by a strong rebound in both household consumption and corporate investment spending. We believe that momentum from this source still has legs:...

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