Conjoncture Flash August 2017

GDP figures for the euro zone in the 2nd quarter of 2017 confirm that economic growth is strengthening, particularly in terms of household consumption. The cyclical signals remained positive overall during the summer months, but the financial markets suffered from a certain wait-and-see attitude on the part of investors.

• Manufacturing and construction: Confidence remains high

• Financial sector 1/2: UCIs constrained by market trends

• Financial sector 2/2: Insurance: premiums collected rally considerably

• Labour market 1/2: Employment remains dynamic in the financial sector

• Labour market 2/2: Unemployment rises in July

• Inflation: (Temporary) jump in inflation in July

• Transport: Air transport: the surge continues