EPTDA Economic Outlook indicates solid export opportunities till positive business cycle returns in 2015

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Capitalise on export until positive business cycle returns in 2015

eptda_venice_20131006bEPTDA’s bimonthly economic outlook indicates that good conditions in UK, Russia, Turkey, the US, and China should provide European businesses with solid export opportunities until about mid-2014. After a mild downturn in the second half of 2014, positive business cycle pressures will return in 2015. Economic expansion in the Americas and in Asia will generate increasing demand for European-made goods.

Europe is enjoying minimal inflationary pressures hence reducing impact on wage increases or interest rates. With wages being generally at pace with inflation, consumption is not expected to develop significantly.

The economy is also influenced by energy costs, driven by the use and production of green energies and new sources of energy. Recent EU initiatives should help install stable domestic energy favourable to a longer-term economic health of the EU.

The EPTDA bimonthly economic outlook is available in full to EPTDA members, in the Members Area.

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