» Weak Growth Data: The ECB Interpretation? Decision Economics

Weak Growth Data: The ECB Interpretation?

Posted August 14, 2014 by rvillareal

  • Eurozone economy fails to grow, but actually picks up outside (volatile) Germany and (stagnant) France.
  • Weakness more likely to be result of calendar quirks than a genuine sign of actual lost momentum
  • Indeed, still-solid business and consumer surveys portray a more upbeat message that is actually increasingly corroborated by bank lending surveys
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