Sentences with phrase «cyclical recovery supports»
Not exact matches
Against this backdrop of ECB support, we maintain our scenario of a stronger cyclical recovery, with euro area GDP growing at around 1.8 % this year and next, above potential, on the back of rising domestic demand (consumption and investment) fuelled by bank credit.
https://perspectives.pictet.com/
Strong retail demand would support a long - term recovery for auto sales, whereas recent higher commercial and government purchases are more cyclical trends.