Real domestic product in the Eurozone expanded by 0.4% in Q2, in line with our previous forecast. In the second half of 2015, real GDP is expected to expand at a moderate pace (+0.4% in Q3 and +0.5% in Q4).<\/p>\n
Primarily driven by domestic demand, growth is set to accelerate from +0.9% in 2014 to +1.6% in 2015. Improving labour market conditions are expected to maintain growth of consumption expenditure at a solid pace, with the latter expanding by +1.8% in 2015.<\/p>\n
Investment is expected to accelerate, but only slowly, mainly because construction investment remains a drag in many countries.\u00a0 On average, total investment is set to grow by 1.7% in 2015. Assuming a fixed oil price at 48$ per barrel and a stabilization of the \u20ac\/$ exchange rate at 1.12 in the coming quarters, inflation is expected to increase only moderately and reach +0.5% in Q1 2016.<\/p>\n","protected":false},"excerpt":{"rendered":"
Real domestic product in the Eurozone expanded by 0.4% in Q2, in line with our previous forecast. In the second half of 2015, real GDP […]<\/p>\n","protected":false},"author":17,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4082],"tags":[3186,3559,3619,3620,3228,3256,3263,3515,3283,2968],"regione":[],"tema":[4067,4065,4039],"class_list":["post-20983","post","type-post","status-publish","format-standard","hentry","category-press-release","tag-consumptions","tag-euro-zone","tag-forecasts-eurozone","tag-forecasts-ezeo","tag-gdp","tag-inflation","tag-investments","tag-ipi","tag-production","tag-flash","tema-industry-and-construction","tema-national-accounts","tema-prices"],"meta_fields":{"data_pubblicazione":"20151006","descrizioneperiodo":"Second quarter 2015","titolobreve":"Euro-zone economic outlook","news":"In the second quarter 2015 economic activity in the Eurozone sustained its growth momentum (+0.4%)","news_rss":"Real domestic product in the Eurozone expanded by 0.4% in Q2, in line with our previous forecast. In the second half of 2015, real GDP is expected to expand at a moderate pace (+0.4% in Q3 and +0.5% in Q4).","sottotitolo":""},"acf":[],"wpml_current_locale":"en_US","wpml_translations":[],"tags-info":[{"id":3186,"label":"consumptions","slug":"consumptions"},{"id":3559,"label":"euro zone","slug":"euro-zone"},{"id":3619,"label":"forecasts eurozone","slug":"forecasts-eurozone"},{"id":3620,"label":"forecasts ezeo","slug":"forecasts-ezeo"},{"id":3228,"label":"GDP","slug":"gdp"},{"id":3256,"label":"inflation","slug":"inflation"},{"id":3263,"label":"investments","slug":"investments"},{"id":3515,"label":"IPI","slug":"ipi"},{"id":3283,"label":"production","slug":"production"},{"id":2968,"label":"statistics flash","slug":"flash"}],"categories-info":[{"id":4082,"label":"Press release","slug":"press-release"}],"_links":{"self":[{"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/posts\/20983","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/comments?post=20983"}],"version-history":[{"count":0,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/posts\/20983\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/media?parent=20983"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/categories?post=20983"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/tags?post=20983"},{"taxonomy":"regione","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/regione?post=20983"},{"taxonomy":"tema","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/tema?post=20983"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}