Euro-area GDP growth for Q1 to come in at 0.3% q/q – Danske Bank

Research Team at Danske Bank, suggests that the Euro-area GDP growth for Q1 is due and they expect growth to come in at 0.3% q/q in line with the pace in H2 15.

Key Quotes

“Private consumption has probably been the main driver of growth as suggested by the solid retail sales. We expect investments were supported by progress in construction, whereas financial market turmoil and global growth weakness should have added uncertainty.

We also get data for the euro-area unemployment rate for March and we expect the declining tendency has continued.”