Euroland Growth Remains Firm, Data Suggest --- GDP Seems to Have Reached A Peak in the Cycle

Robust growth continues in Euroland, but the leading economic indicator compiled by Handelsblatt shows that gross domestic product may have touched the top of the cycle. The indicator, which forecasts GDP growth in the 11 member countries of the European monetary union, remained at 3.4% in March --...

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Bibliographic Details
Published inWall Street journal. Europe
Main Author By Patrick Welter Handelsblatt Correspondent
Format Newspaper Article
LanguageEnglish
Published Brussels Dow Jones & Company Inc 16.03.2000
EditionEurope
Subjects
Central banks
Consumer Price Index
European Monetary Union
GDP
Government bonds
Gross Domestic Product
Industrial production
Interest rates
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Summary:Robust growth continues in Euroland, but the leading economic indicator compiled by Handelsblatt shows that gross domestic product may have touched the top of the cycle. The indicator, which forecasts GDP growth in the 11 member countries of the European monetary union, remained at 3.4% in March -- continuing a positive trend that began in mid-1999. That is 1.4% higher than the year-earlier period, but represents no growth over the previous month.
ISSN:0921-9986