Euro area GDP to increase to 0.3% q-o-q in Q4 - Nomura

David Wagner, Research Analyst at Nomura, expects Euro area GDP flash reading to increase to 0.3% q-o-q in Q4, an unchanged pace from Q3 but slightly lower than the 0.4% in Q2.

Key Quotes

“This forecast of 0.3% q-o-q for Q4 GDP would be slightly weaker than the December Euro system staff projections and would further support our expectations of additional easing by the ECB in March.”