What does this quarterly economic report offer?
Euro Area Economy in a Snapshot is a quarterly publicatiоn produced by the CEIC Macroeconomic Research Team. The report is designed to provide a comprehensive, albeit concise overview of the current economic and financial developments. The Euro Area Economy in a Snapshot report is produced using data from CEIC's Global Database.
In Q1 2022, real GDP increased at the calendar and seasonally adjusted rate of 0.2% q/q, according to preliminary data from Eurostat. It was a slower pace of expansion compared with Q3 2021 and Q4 2021 when increases of 0.3% q/q and 2.2% q/q were registered, as the Omicron variant of COVID-19 spread and inflation took off.
This report provides detailed sets of analysis, with a focus on the following macroeconomic groupings: