10th November 2023

10th November 2023: Fall 2023 statement of the Dating Committee on the current state of the economic activity in the euro area. 

The CEPR-EABCN Euro Area Business Cycle Dating Committee deliberated on 28 October 2023 to assess the state of euro area economic activity, relying on data through the second quarter of 2023—although preliminary data for the third quarter are consistent with the Committee’s findings. GDP in the second quarter of 2023 was a shade above that of the previous quarter which, in turn, was a whisper above the quarter before that.

Findings ] / [ Press Release ]