RaboResearch - Economisch Onderzoek

Conjunctuurbeeld

France: improving conditions (Engelstalig)

France might be able to prevent another GDP contraction in 13Q2. This expectation is based on better-than-expected household consumption and industrial production figures. Overall, we take note of an unexpected improvement of economic conditions.

Conjunctuurbeeld

Belgium: a bumpy road to recovery (Engelstalig)

In 13Q2, GDP growth turned positive after stagnation in 13Q1. Going forward, the recovery is expected to continue, but at a fairly slow pace and subject to downside risks. Robust labour market recovery is not expected before the end of the year.