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16th May 2016 06:28Eurozone, Economic Monitor

The second round of EZ GDP data on Friday confirmed the resilience of cyclical upturn. Real GDP in the euro area rose 0.5% quarter-on-quarter in Q1, up from 0.3% in Q4, and the fastest pace since the first quarter of last year. But the headline was slightly lower than the initial estimate, 0.6%, and consistent with our forecast before Friday's data.

eurozone euro economy gdp growth ez demand trade pmi ifo germany m1 energy energy prices ecb france

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Keywords for: 16 May. 2016 Eurozone GDP Growth is Not Accelerating, Despite Strong Q1

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