Thursday, August 30, 2012

30/8/2012: 22 quarters of Europe standing still

2007-present is the period during which the advanced economies world barely moved in terms of economic growth. And this is true especially for the EU27 and the euro area 17. The next three charts document the 22 quarters during which Europe stood still:

(All charts represent author own calculations based on data sourced from the OECD)

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