09.06.2015 - Eurozone’s GDP grew by 0.4%
Today was published statistics on GDP growth in the Eurozone. Thus the figure in the first quarter of this year grew by 0.4%, in line with analysts' forecasts. Import growth was offset by an increase in the level of government spending and investment. It is worth noting the positive impact of the weaker euro on economic growth in the 19 countries of the Eurozone. Exports in this period slowed to 0.6% from 0.8%, while import growth accelerated to 1.2% from 0.8%. At the moment, we see investment growth in the euro area economy from Asia and the Middle East. Our medium-term outlook for the market in the region remains positive due to the positive influence of the quantitative easing program.