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.
According to the preliminary (flash) estimate, Eurozone real GDP declined for a second successive quarter in Q1 2021, by a seasonally and calendar adjusted 0.6% q/q. This led to a contraction of 1.8% y/y. The Eurozone’s industrial production index declined by 0.4% y/y and 1.3% y/y in January and February respectively, with manufacturing output also remaining lower on an annual basis.
This report provides detailed sets of analysis, with a focus on the following macroeconomic groupings: