Title: Economy Improving at Modest Pace. Business Cycle Report of December 2013
Abstract: GDP grew at a seasonally and working day adjusted rate of 0.2 percent in the third quarter, compared with the previous quarter. Hence the upturn set in at only a modest pace. In the EU countries, economic activity remains sluggish and uneven. Weak price dynamics prompted the European Central Bank to cut its benchmark interest rate.
Publication Year: 2013
Publication Date: 2013-12-01
Language: en
Type: article
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