Macro - Country Economic Forecasts - Eurozone

Macro - Country Economic Forecasts - Eurozone



We continue to expect eurozone GDP will expand by 0.8% this year and have lowered our growth estimate for 2025 by 0.1ppt to 1.3%, following a larger cut of 0.3ppts last month. We still think inflation will average 2.3% this year and undershoot the ECB's 2% target at 1.5% in 2025.


Eurozone: Growth momentum will continue to moderate
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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