European Economy. Quarterly report on the euro area 2007.
dc.contributor.author | European Commission |
dc.date.accessioned | 2020-03-26T08:29:31Z |
dc.date.available | 2020-03-26T08:29:31Z |
dc.date.issued | 2007-02-10 |
dc.identifier.uri | https://ketlib.lib.unipi.gr/xmlui/handle/ket/1425 |
dc.description | Volume 6 No. 2 |
dc.description | http://aei.pitt.edu/id/eprint/94678 |
dc.description.abstract | Good times are here for the euro area. The economic expansion is solid with GDP growing at an annual rate of 3% in the first quarter of this year and business and consumer confidence running high. Inflation has been stable at around 1.9% since November last year. It also looks like good times are there to stay for some time. The Commission's spring 2007 forecast estimates that the euro-area's economy will grow by 2.6% in 2007. This is an upward revision of ½ percentage point with respect to the autumn forecast. The inflation outlook also remains benign in the light of moderate wage growth, a revival in productivity growth and low imported inflation thanks to the euro's appreciation. Nevertheless, upward risks to prices may materialise as the cycle matures. |
dc.format.extent | 51p. |
dc.language.iso | en |
dc.publisher | European Commission |
dc.subject | Economic and Financial Affairs |
dc.title | European Economy. Quarterly report on the euro area 2007. |
dc.type | working document |
dc.publisher.place | Brussels |