Author (Corporate) | European Commission: Press and Communication Service |
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Series Title | Press Release |
Series Details | IP/05/1052 (11.8.05) |
Publication Date | 11/08/2005 |
Content Type | News |
The indicator-based model for quarterly GDP growth for the euro area, developed by the European Commission's Directorate General for Economic and Financial Affairs, forecast a range 0.2% to 0.6% for the third quarter of 2005, unchanged compared to the previous release. The first forecast for growth in the fourth quarter of 2005 was a range of 0.4% to 0.8%, supported by the lagged effects of favourable exchange rate developments and an improved international environment. |
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Source Link | http://europa.eu/rapid/pressReleasesAction.do?reference=IP/05/1052&format=HTML&aged=0&language=EN&guiLanguage=en |
Subject Categories | Economic and Financial Affairs |
Countries / Regions | Europe |
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