European Economics

European Chart Book

11 September, 2018

Export growth slowdown looks set to persist

After providing a big boost to GDP growth last year, net exports were a drag on growth in the first half of 2018. This does not look like a temporary response to heightened trade tensions. Instead, it largely reflects three developments: a slowdown after unusually-strong export growth in the second half of last year; the euro’s appreciation over the past 18 months or so; and slower economic growth overseas. In fact, euro-zone export growth has slowed to most destinations. But to the US, the only

Access this publication and more, take our free trial subscription today.

Free Trial

Already a subscriber? Simply log in to view this article.

Save to Library

New Book

Making a Success of Brexit
and Reforming the EU

by Roger Bootle

"Outstanding - engaging - absorbing"
Daily Telegraph

Buy now on Amazon
We use cookies to ensure you get the best experience on our website. Read our Cookie Policy for more information.