Eurozone | PMI point to an acceleration of GDP despite the slight drop in December
Published on Wednesday, December 16, 2015
Eurozone | PMI point to an acceleration of GDP despite the slight drop in December
Summary
The PMIs have closed a positive fourth quarter, despite a slight fall in December due to the moderation of services, and maintain a bullish outlook for the coming months thanks to rising orders and backlogs of work. Disparities persist between weak growth in France and stronger recovery in Germany and the periphery.
Geographies
- Geography Tags
- Europe
Topics
- Topic Tags
- Macroeconomic Analysis
Tags
- Tags
- PMIs
Authors
Agustín García
BBVA Research - Lead Economist
Massimo Trento
BBVA Regulation - Regulation Associate