Macro - Country Economic Forecasts - Eurozone

Macro - Country Economic Forecasts - Eurozone

The conflict in Ukraine is having an acute impact on the eurozone. Our projections see a combination of higher-for-longer inflation and lower growth, mainly via more subdued consumption and industrial activity. We project eurozone GDP will grow by 2.8% in 2022, down by 0.3ppts from our March baseline and 0.9ppts below our pre-conflict baseline.


Eurozone: High inflation, rising uncertainty cloud outlook
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

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