Economic Comment
Eurozone: A gradual slowdown, mounting challenges
GDP of the Eurozone grew with 0.2% in the 4th quarter. France and Spain performed better than expected, but Italy entered a recession with two quarters of negative growth rates.
Economic Comment
GDP of the Eurozone grew with 0.2% in the 4th quarter. France and Spain performed better than expected, but Italy entered a recession with two quarters of negative growth rates.
Economic Comment
We expect the Japanese economy to recover moderately in the fourth quarter of 2018, and this will continue in the first quarter of 2019, but we do not foresee any surprises from the central bank in terms of policy changes. Inflation has not picked up yet, and risks remain tilted to the downside.
Economic Report Dutch version
Chinese economic growth continued its decline in the fourth quarter of 2018, bringing the annual growth figure for 2018 to 6.6%. This fits within our view of a gradual economic slowdown, but domestic and external risks are significantly on the rise.
Economic Report
In 2019, we expect the Indian economy to continue to be the global outperformer in terms of economic growth. There are however substantial downside risks, such as a defeat of Modi’s BJP in the general election and an escalation of the US-China trade war.
Economic Report
The disappointing recovery of the German car sector, the yellow vests in France and slowing external demand lead to a downward revision of our growth figures for 2018Q4 and 2019Q1.