Domestic demand appears to have been the main driver of euro-zone GDP growth in Q3 but this looks set to fade as employment growth slows. Indeed, the first surveys for November next week are likely to add to evidence that the economy will slow this quarter. Meanwhile, there has been some progress towards the formation of a government in Spain but we expect that the proposed administration will struggle to pass a budget or any meaningful reforms.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services