Macro - Country Economic Forecasts - Eurozone
We are lowering our forecast for the eurozone economies in light of Russia's invasion of Ukraine. The speed at which events are unfolding means that uncertainty remains extremely high, with risks skewed to the downside. Our new projections see a combination of higher-for-longer inflation and lower growth, mainly via more-subdued consumption. Eurozone GDP growth in 2022 will be close to 3%, but given a carryover from last year of around 2%, our forecast is hardly robust. Moreover, we have raised our view on inflation to 4.8% in 2022 from 3.9% previously to reflect higher oil and gas prices.
- Eurozone: Starting to feel the impact from the war in Ukraine
- Forecast overview
- Recent developments
- Short-term outlook
- Key drivers of our short-term forecast
- Economic risk
- What to watch out for
- Exposure to key global risks
- Long-term prospects
- Background
- Economic development
- Structure of the economy
- Balance of payments and structure of trade
- Policy
Research Assistance
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook