As Euro Area growth is losing steam, cost controls will be a priority for businesses
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Economy Watch | Europe

Monthly updates on the state of the economy in Europe

As Euro Area growth is losing steam, cost controls will be a priority for businesses


October 10, 2018 | Report

The Euro Area economy continues to grow, even though growth has been losing steam. We expect output growth to be 2 percent in 2018 and 1.9 percent in 2019, which is higher than the long-term trend for the next decade. These figures are a constant reminder that the main problem with the European economy is the long-term growth potential, not the current outlook, that, all in all, is still very positive.


AUTHOR

IlariaMaselli

Former Senior Economist
The Conference Board


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