Macro - Country Economic Forecasts - Eurozone

Macro - Country Economic Forecasts - Eurozone



We've kept our eurozone GDP growth forecast for 2025 at 1.2% but raised our 2026 forecast marginally to 1.6%. We still anticipate a gradual pickup in momentum throughout next year as solid growth in real disposable income supports consumption. The economy is also set to benefit from lower interest rates. Meanwhile, we think industrial output will improve from a low base.


Eurozone: A fragile economy confronts new risks
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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