Growth forecast for 2023 (%):
๐ฎ๐ช 5.5
๐ฒ๐น 3.9
๐ท๐ด 3.2
๐ฌ๐ท 2.4
๐ต๐น 2.4
๐จ๐พ 2.3
๐ช๐ธ 1.9
๐ณ๐ฑ 1.8
๐ธ๐ฐ 1.7
๐ฑ๐บ 1.6
๐ญ๐ท 1.6
๐ง๐ฌ 1.5
๐ฑ๐ป 1.4
๐ฎ๐น 1.2
๐ง๐ช 1.2
๐ธ๐ฎ 1.2
๐ช๐บ 1.0
๐ซ๐ท 0.7
๐ต๐ฑ 0.7
๐ญ๐บ 0.5
๐ฑ๐น 0.5
๐ฆ๐น 0.4
๐ฉ๐ฐ 0.3
๐จ๐ฟ 0.2
๐ฉ๐ช 0.2
๐ซ๐ฎ 0.2
๐ช๐ช -0.4
๐ธ๐ช -0.5
Spring #ECForecast โ
๐๏ธ Mark your calendar: The ๐ Spring 2024 #ECForecast is coming up ๐ on 15 May!
Stay tuned!
Growth forecast for the 6 largest EU economies for 2023 (%):
๐ช๐ธ 2.2
๐ซ๐ท 1.0
๐ฎ๐น 0.9
๐ณ๐ฑ 0.5
๐ต๐ฑ 0.5
๐ฉ๐ช -0.4
๐ช๐บ 1.4
Summer #ECForecast โ
Growth forecast for 2024 (%):
๐ฒ๐น 4.6
๐ท๐ด 2.9
๐จ๐พ 2.8
๐ต๐ฑ 2.7
๐ญ๐ท 2.6
๐ญ๐บ 2.4
๐ฌ๐ท 2.3
๐ธ๐ฐ 2.3
๐ฑ๐น 2.1
๐ง๐ฌ 1.9
๐ธ๐ฎ 1.9
๐ช๐ธ 1.7
๐ฑ๐ป 1.7
๐ง๐ช 1.4
๐ฑ๐บ 1.3
๐ฎ๐ช 1.2
๐ต๐น 1.2
๐จ๐ฟ 1.1
๐ช๐บ 0.9
๐ซ๐ท 0.9
๐ฉ๐ฐ 0.9
๐ฎ๐น 0.7
๐ฆ๐น 0.6
๐ช๐ช 0.6
๐ซ๐ฎ 0.6
๐ณ๐ฑ 0.4
๐ฉ๐ช 0.3
๐ธ๐ช 0.2
Winter #ECForecast โ
Growth forecast for 2024 (%):
๐ฒ๐น 4.0
๐ท๐ด 3.1
๐ฎ๐ช 3.0
๐ต๐ฑ 2.7
๐จ๐พ 2.6
๐ญ๐ท 2.5
๐ฑ๐น 2.5
๐ญ๐บ 2.4
๐ฑ๐ป 2.4
๐ฌ๐ท 2.3
๐ธ๐ฎ 2.0
๐ช๐ช 1.9
๐ง๐ฌ 1.8
๐ช๐ธ 1.7
๐ธ๐ฐ 1.7
๐จ๐ฟ 1.4
๐ฉ๐ฐ 1.4
๐ง๐ช 1.4
๐ฑ๐บ 1.4
๐ช๐บ 1.3
๐ต๐น 1.3
๐ซ๐ท 1.2
๐ณ๐ฑ 1.1
๐ฆ๐น 1.0
๐ฎ๐น 0.9
๐ฉ๐ช 0.8
๐ซ๐ฎ 0.8
๐ธ๐ช -0.2
Autumn #ECForecast โ
Growth forecast for 2023 (%):
๐ฎ๐ช 4.9
๐ฒ๐น 3.1
๐ท๐ด 2.5
๐ฑ๐บ 1.7
๐จ๐พ 1.6
๐ธ๐ฐ 1.5
๐ช๐ธ 1.4
๐ง๐ฌ 1.4
๐ฌ๐ท 1.2
๐ญ๐ท 1.2
๐ธ๐ฎ 1.0
๐ต๐น 1.0
๐ณ๐ฑ 0.9
๐ง๐ช 0.8
๐ฎ๐น 0.8
๐ช๐บ 0.8
๐ซ๐ท 0.6
๐ญ๐บ 0.6
๐ฆ๐น 0.5
๐ต๐ฑ 0.4
๐ฑ๐น 0.3
๐ฉ๐ช 0.2
๐ซ๐ฎ 0.2
๐จ๐ฟ 0.1
๐ช๐ช 0.1
๐ฑ๐ป 0.1
๐ฉ๐ฐ 0.1
๐ธ๐ช -0.8
Winter #ECForecast โ
Great to see that EU Economy & Finance colleagues are also looking at corporates' profit margins in the Spring 2023 #ECforecast ๐shorturl.at/awARS
Check out our blog at ESM, with Michael Kuehl and Vlad Skovorodov, for insights on the drivers of profits surge๐shorturl.at/oxDHY
#ECforecast l Paolo Gentiloni presents today the European Commission 2023 Autumn Economic Forecast
๐ economy-finance.ec.europa.eu/economic-forecโฆ
Todayโs #Eurogroup meeting starting with a discussion on the macroeconomic developments in the #euroarea on the background of the newly released Spring 2023 #ECForecast .
Latvia in EU EK pฤrstฤvniecฤซba ๐ช๐บ๐ฑ๐ป Valdis Dombrovskis PermRep of Lithuania to the EU Luxembourg in the EU ๐ฑ๐บ๐ช๐บ EU zu Lรซtzebuerg EU Commission Malta Government of Malta ๐ฒ๐น Netherlands at the EU Europa in Nederland Regio Poland (Komisja Europejska #funduszeUE๐ช๐บ) Poland in the EU Komisja Europejska Comissรฃo Europeia em Portugal Portugal na UE ๐ต๐น๐ช๐บ Comisia Europeanฤ Romania in the EU ๐ท๐ด Slovakia in the EU Evropska komisija Slovenia to the EU Comisiรณn Europea Comissiรณ Europea ๐ช๐บ โ๏ธ Winter 2024 #ECForecast : ๐ธ๐ช Sweden
โน๏ธ europa.eu/!Br34nm
After a challenging 2023, the European economy should speed up gradually this year and into 2025.
The rebound expected in 2024 is set to be more modest than projected three months ago, but still, economic activity is expected to expand by 1.7% in the EU in 2025.
#ECForecast
We are delighted to announce that this Thursday 16th Feb, John McCarthy, Chief Economist Department of Finance will deliver a talk on 'The Short and Medium Term Outlook for the Irish Economy'. Details available here Business at UL University Of Limerick #economy #ECForecast eventbrite.ie/e/545921304317
Inflation is set to decline close to the European Central Bankโs 2% target in 2025.
Largely driven by declining energy prices, inflation in the euro area is expected to decelerate from 5.4% in 2023 to 2.7% in 2024 and to 2.2% in 2025.
#ECForecast
We're approaching the end of a challenging year for our economy, in which growth has slowed down more than expected.
Looking ahead to 2024, we can expect growth to rebound modestly, helped by strong labour markets and easing of inflation.
Read the Autumn #ECForecast โ
Important to note that the impact of automatic salary indexation on overall inflation is negligible, whilst it plays an important role in protecting the purchasing power of individuals. #ECForecast
๐ Autumn 2023 #ECForecast : A modest recovery ahead after a challenging year
๐ธ๐ฝ๏ธ Photos, videos and more info available on โ
europa.eu/!NX7RY4