Europe. (October 2014)

• Record Type: Journal Article
• Is Part Of: Economic outlook. Volume 38:Number 4(2014)
• Page Start: 39
• Page End: 40
• Publication Date: 2014-10
• Subjects: Economic forecasting -- Great Britain -- Periodicals; Great Britain -- Economic conditions -- 1945-1964 -- Periodicals; 330.94100112
• DOI: 10.1111/1468-0319.12124
• Languages: English
• ISSNs: 0140-489X

Abstract

<abstract abstract-type="main"> <title> <x xml:space="preserve">Abstract</x> </title> <p>The Eurozone recovery continued through the summer, with PMI readings indicating GDP growth of around 0.3% in Q3 2014 ‐ a fourth straight quarter of modest underlying growth (temporary weakness in German construction dragged down Q2). Alongside this, the labour market seems to have turned – employment was up 350, 000 in Q2, the largest rise since 2008. And consumers seem to be responding to normalizing conditions, with retail sales picking up through 2014 and rising by 1.2% in August alone…</p> </abstract>