Prior +0.1%GDP +1.4% vs +1.3% y/y prelimPrior +1.4%; revised to +1.5%
There’s no change to the quarterly estimate as the euro area economy holds up in Q3 but stagflation fears are starting to creep in amid the economic situation in Germany. So, that’s the key risk as we look towards the turn of the year in Europe.
This article was written by Justin Low at investinglive.com.