EUROPEAN ECONOMY. Supplement ? — No 4 — April 1989
12 pages
English

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EUROPEAN ECONOMY. Supplement ? — No 4 — April 1989

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12 pages
English
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Description

ISSN 0379-2110 I I Λ ¡ã ¡f ■■.-·:■:, WB3SIS9B mÈËÊk |£|1 '■'■'-■ t: COMMISSION OF THE EUROPEAN COMMUNITIES · DIRECTORATE-GENERAL FOR ECONOMIC AND FINANCIAL AFFAIRS Supplement Β — No 4 — April 1989 In this number: Business and consumer survey results International indicators GRAPH 1 : Indicators of output and economic sentiment THE MAIN POINTS IN BRIEF European Community • Economic growth in the Community continues unabated. There is no sign of the pace of growth slackening. Industrialists' judgments again confirm the confident economic mood. • Domestic demand continues to be the engine of economic activity in the Com­munity. The main driving force is the growth in investment activity. According to the most recent survey results, export demand has again strengthened and is making a substantial contribution to the favourable level of economic activity in Europe. • In the course of 1988, confidence in the world economy improved steadily. This is confirmed by the answers to a survey la lane : % 10 carried out in December 1988 in some 50 Indu strial cor fidence 0 countries. The experts questioned con­ — indie ator2 -£, ,X sidered that activity was receiving a ­10 .„»*- »»%^-1 stronger stimulus from private investment ­20 instruct! >n than from private consumption. ,' c ηfidence indicato ­30 r*.

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