The business cycle expansion is strengthening, but weak profit growth persists
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Economy Watch | Europe

Monthly updates on the state of the economy in Europe

The business cycle expansion is strengthening, but weak profit growth persists


August 09, 2017 | Report

Second-quarter GDP growth figures confirm a strengthening economic cycle for the Euro Area. Spain surprised on the upside, while the UK saw another quarter of weak growth. Profit growth has been muted so far, and pricing power has been weak. However, both businesses and consumers expect inflation to increase. 


AUTHORS

IlariaMaselli

Former Senior Economist
The Conference Board

Klaasde Vries

Former Senior Economist
The Conference Board


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