Euro Growth Indicator
OFCE belongs to the Euroframe network.
The Euro Growth Indicator is calculated by EUROFRAME.
The purpose of this leading indicator is to anticipate the development of the GDP in the euro area two quarters ahead of official statistics. The indicator considers surveys from the industry, the retail and construction sectors, the short term real interest rate (in relation to the GDP growth rate), the real exchange rate of the euro to the dollar, a raw material price index and the US ISM.
For more information on the Euro Growth Indicator, please contact Catherine Mathieu, OFCE.
