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Europe
Publication year - 2014
Publication title -
economic outlook
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.1
H-Index - 8
eISSN - 1468-0319
pISSN - 0140-489X
DOI - 10.1111/1468-0319.12109
Subject(s) - quarter (canadian coin) , german , economics , suspect , momentum (technical analysis) , industrial production , economy , macroeconomics , geography , political science , financial economics , archaeology , law
The Eurozone economy may have lost some momentum in the course of Q2, based on business surveys for the period. Admittedly, the falls in the composite PMI in May and June were pretty small and on past form the PMIs still point to slightly stronger quarterly GDP growth than the 0.2% recorded in Q1. But given the sharp falls in German, French, Italian and Spanish industrial production in May and subdued Eurozone retail sales figures for the first two months of the quarter we suspect that Eurozone GDP growth is unlikely to have picked up in Q2…