The report highlights an upward revision in Euro Area Q2 GDP tracking estimates driven by positive economic data, including upward revisions to German and area-wide PMI figures.
Key Takeaways
- 1.Area-wide Q2 GDP tracking estimates increased slightly due to positive economic data.
- 2.Manufacturing and services PMI data showed upward revisions, particularly in Germany.
Table of Contents
- Euro Area Data Update: Area-Wide PMIs Revised Up, GDP Tracking Ticks Up
- Exhibit 1: The EMU4 Q2 Tracking Estimate Ticked Up Slightly Further
- Exhibit 2: Upward Revisions to Services PMI, Especially in Germany
- Exhibit 3: Better Activity, Softer Price Components in June
- Exhibit 4: Firm IP Data in Spain, More Mixed in France
- Exhibit 5: Generally Resilient Spending in May
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Authors
Giovanni Pierdomenico
Themes
Economic GrowthInflationary Pressures
Regions
EuropeGermanyFranceItaly