Observe, enlighten and decipher the evolution
of consumption patterns in France and abroad

Section 1 - Consumption in Europe: New paths to confidence

A slow return to growth

1 minute de lecture
In all the countries covered by L’Observatoire Cetelem, there has been positive growth for several quarters now.

 

 

Growth has returned, slowly but surely. A number of countries stood out in 2016. This was the case for Romania (5.2%) and, to a lesser extent, Slovakia and Spain. Growth remained steady in Germany (1.9%). France continued to trail its north-eastern neighbour (1.3%). Only Italy and Portugal posted growth of less than 1% in 2016. Overall, European Union growth remained shy of the symbolic 2% threshold. For 2017, the European Commission’s forecasts point to a slight weakening of Europe’s economic growth, to an average of 1.6%. Conversely, the employment situation is set to continue to improve, with the average unemployment rate expected to fall to 8.3%. It is worth remembering that it had approached the 11% mark at the height of the credit crunch.

 

 

 

Summary
Consumption in Europe:New paths to confidence
Sub-section 2
Europeans sense an upturn on the employment front
When it comes to the general situation in their respective countries, Europeans believe things are improving.   Download th