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

Get the App

The Capital Economics apps are a great way for clients to keep up to date with our latest research.

Capital Economics AppsFind out more
We use cookies to ensure you get the best experience on our website. Read our Cookie Policy for more information.