The Eurozone is still in a soft landing, and the budget deficit is expanding - European Commission outlook
This year's economic growth rate is expected to be 0.8%, unchanged from the previous forecast.
The inflation rate for next year will slow to 2.1%, down from the previous forecast of 2.2%.
The European Commission pointed out that the Eurozone economy is still moving towards a soft landing. The inflation rate is falling faster than previously anticipated, and economic growth is expected to continue to accelerate until the end of next year.
According to the spring economic outlook announced by the European Commission on the 15th, the gross domestic product (GDP) growth rate is expected to be 0.8% this year and 1.4% next year. This figure has hardly changed since the forecast three months ago. The inflation rate forecast is 2.5% this year and 2.1% next year, which is down from the previous forecast of 2.7% and 2.2%, respectively.
The inflation rate for next year will slow to 2.1%, down from the previous forecast of 2.2%.
The European Commission pointed out that the Eurozone economy is still moving towards a soft landing. The inflation rate is falling faster than previously anticipated, and economic growth is expected to continue to accelerate until the end of next year.
According to the spring economic outlook announced by the European Commission on the 15th, the gross domestic product (GDP) growth rate is expected to be 0.8% this year and 1.4% next year. This figure has hardly changed since the forecast three months ago. The inflation rate forecast is 2.5% this year and 2.1% next year, which is down from the previous forecast of 2.7% and 2.2%, respectively.
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