Thursday, December 15, 2011

15/12/2011: Euro zone and Euro Big 4 forecasts

Here's the latest summary of the Insee forecasts for Euro Big 4 and euro zone as a whole:

These are largely consistent with the Eurocoin forecasts to-date. Do note in the table above that unique Irish strength of 'exports-led recovery'. When it comes to 2010 exports growth - Ireland recorded growth of 8.07% (QNA data) in overall exports expansion, les than euro area's 10.9%, Italy's 8.9%, Spain's 13.5%, Germany's 13.4% and France's 9.3%... and these are all large economies (with less openness to trade than Ireland).
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