Consumer slowdown won’t throw recovery off track

Although the euro-zone’s consumer sector currently appears to be in good shape, the combination of higher inflation compared to last year and continued weak wage growth points to annual household spending growth slowing this year. But other sectors of the economy will more than make up for weakness in the consumer sector, allowing GDP growth to accelerate in 2017.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.