Special topic: Using fat survey data to nowcast euro area GDP growth. After losses in 2018-Q1 and a broad sideways movement in Q2, the euro-area (EA) and EU Economic Sentiment Indicators (ESI) posted moderate decreases of 0.9 (EU) and 1.4 (EA) points in the third quarter. In both cases, the...

The European economy is performing well despite a number of challenges. The economic expansion has continued into 2017, thereby completing four years of moderate, uninterrupted GDP growth. Concerns about elevated uncertainty are giving way to improving economic sentiment although this has yet to...