
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A
According to the advance estimate of the US Bureau of Economic Analysis (BEA), 1 real GDP growth rose by a mere 0.2% q-o-q saar in Q1 2015 from 2.2% in the final quarter of 2014, disappointing consensus expectations of 1.0% (Figure 1).
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GLOBAL FOCUS NOTE_APRIL 29_Q1GDP