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Showing 11 - 20 of 31 results for "Eurozone GDP"

Chief economist update: Eurozone good news to get worse before it gets better

BENJAMIN ONG  |  TUESDAY, 5 MAY 2020
... infections. Then again, even if this second wave doesn't materialise the first has already caused so much damage. Eurozone GDP contracted by 3.8% in the first quarter of 2020 (from a 0.1% expansion in the final quarter of 2018). This translates to ...

Chief economist update: Eurozone negative rates a failure?

BENJAMIN ONG  |  TUESDAY, 10 DEC 2019
... in-between - had been successful. I didn't dub him Super Mario for nothing (yes, I was the first to call him that!). Eurozone GDP growth started to improve from the recession borne of Grexit and fears of contagion in 2013 to a peak of 3.0% annual ...

Chief economist update: ECB exit proves premature

BENJAMIN ONG  |  FRIDAY, 31 MAY 2019
... of 2019" - changed from "summer 2019" at its April Governing Council meeting - further out sometime in the future. Eurozone GDP growth has slowed to 1.2% in the year to the March 2019 quarter after peaking at 2.8% in the September 2017 quarter. While ...

Chief economist update: Not spring yet in the Eurozone

BENJAMIN ONG  |  MONDAY, 6 MAY 2019
... territory. IHS Markit provides a succinct narrative of the Eurozone outlook. "The surveys indicate that quarterly eurozone GDP growth has slowed to just under 0.2%." "The persistence of the business survey weakness raises questions over the economy's ...

Chief economist update: ECB digs deeper

BENJAMIN ONG  |  FRIDAY, 5 APR 2019
... to 0.8% in 2019 from 1.9% and Italy (the third biggest) to 0.1% from 1%. The two accounts for around 45% of total eurozone GDP. Not only this, inflation is heading down anew. The flash estimate of HICP inflation eased from 1.5% in February to 1.4% in ...

Fed's pause becomes the ECB's problem

BENJAMIN ONG  |  FRIDAY, 11 JAN 2019
... hitting an 18-month low last November. Not good tidings for an economy that's already losing momentum. Not only has Eurozone GDP growth slowed to 1.6% in the third quarter of last year - the fourth straight quarter of slowdown - but forward indicators ...

Chief economist update: Is TLTRO III coming?

BENJAMIN ONG  |  TUESDAY, 27 NOV 2018
... contraction in Germany (its biggest economy) and nil growth in Italy (its third biggest). The year-on-year growth rate in Eurozone GDP growth more clearly pictures the extent of the slowdown. Economic growth in the single-currency region has eased to ...

ECB schedules taper

BENJAMIN ONG  |  FRIDAY, 27 OCT 2017
... growth momentum, inflation remains below the bank's objective - below but close to 2%. Recent stats bear this out. Eurozone GDP growth accelerated to 2.3% in the year to the June quarter. This is the fastest growth rate since the March 2011 quarter and ...

ECB exit: 2018 or 2021?

BENJAMIN ONG  |  WEDNESDAY, 11 OCT 2017
... from 57.4); services (55.8 from 54.7) - and more recently, the International Monetary Fund's (IMF) sharp upgrade to Eurozone GDP growth. In its October 2017 World Economic Outlook (WEO) report, the IMF lifted its GDP forecasts to 2.1% this year and 1.9% ...

ECB disengages from currency war

BENJAMIN ONG  |  TUESDAY, 15 AUG 2017
... underscores the market's faith in the single currency area's domestic growth outlook. There are very few reasons not to be. Eurozone GDP growth has accelerated to 2.1% in the year to the second quarter from 1.9% in the first quarter. This is the fastest ...