Economic forecast

Economy

Commission forecasts inflation tumbling, despite oil price hike

Inflation could be just 2.2% in the EU next year, as voters cite concerns over rising prices.

15/05/2024

Business

OECD economic outlook: Steady global growth expected for 2024 and 2025

The OECD has released its latest economic outlook and said it expects steady global growth in 2024 and 2025.

02/05/2024

Economy

From Popcorn to Corpses: What's the connection between them?

Have you ever heard of the unclaimed corpses indicator and the Japanese haircut indicator? Most people haven't.

13/03/2024

Economy

ECB likely to keep interest rates at record highs at March meeting

The ECB has been vocal about the need for more conclusive evidence of declining inflation and cooling labour markets, before cutting rates.

07/03/2024

Economy

German downturn eases while French economy contracts sharply

Although both are in contraction territory, sentiment in the German economy is more optimistic.

23/11/2023

Economy

British economy creeps forward

The UK’s GDP grew slightly in August, driven by the services sector.

12/10/2023

Europe News

Falling energy prices boost EU's growth outlook, Commission says

GDP in the EU is now forecast to reach 1.0% in 2023 and 1.7% in 2024, up from a previous forecast of 0.8% and 1.6%.

15/05/2023

Economy

EU economy to 'narrowly' avoid a recession as inflation peak passes

The European Commission warns uncertainty is still elevated, with the economy dependent on Russia's war in Ukraine and tight energy markets.

13/02/2023

Economy

IMF improves economic forecast for the eurozone and Russia

The eurozone was "more resilient than expected," the International Monetary Fund said in its latest forecast.

31/01/2023

Money

Is the global economy sliding into recession and what could it mean?

Escalating inflation, the war in Ukraine and low consumer confidence are spelling headwinds for the global economy.

06/09/2022

USA

Biden: US economy 'on the right track' despite recession fears

US president Joe Biden has said his country is "on the right track", despite its economy shrinking for the second quarter in a row.

28/07/2022

Economy

Annual inflation across the eurozone will peak at 7.6% in 2022

The Ukraine war and the disruption of energy and food markets continue to increase inflationary pressures.

14/07/2022

Europe News

Inflation in eurozone forecast to hit 4.8% amid soaring energy prices

Energy prices, supply chain bottlenecks, the Omicron variant and geopolitical tensions are all fuelling inflationary pressures.

10/02/2022

Tech News

Brussels raises eurozone growth forecast but warns over energy prices

This outlook depends heavily on two factors: the evolution of the COVID-19 pandemic and the pace at which supply adjusts to the rapid turnaround in demand following the re-opening of the economy.

12/11/2021

Economy

Vaccines and lifting of restrictions speed up EU's economic recovery

Both the EU and the eurozone are set to expand by 4.8% in 2021, with 12 member states already offsetting all their economic losses this year.

07/07/2021

Economy

EU economy set to grow faster than expected thanks to vaccination

The European Commission estimates that this year the EU and the eurozone will grow by 4.2% and 4.3%, respectively.

12/05/2021

Europe News

World economy on 'firmer footing' but 'debt and inequality pose risks'

Speaking to Euronews, Kristalina Georgieva said the IMF is ready to upgrade its global forecast but fiscal support must not be withdrawn prematurely.

31/03/2021

Economy

Economic forecast: Some EU countries will recover in 2021, others must wait until 2022

Commissioner Paolo Gentiloni warned that uncertainty remains high but that the vaccine roll-out and the EU's recovery fund could help accelerate growth in 2021.

11/02/2021

Economy

Economists revise eurozone growth downwards amid second COVID wave

Lockdowns and pandemic-related restrictions were likely to slow down Europe's economic recovery as the ECB cut its predicts for 2021 and beyond.

22/01/2021

Greece

Greece's economy to shrink by estimated 8.2% this year

Greece's economy is expected to shrink by an estimated 8.2% this year due to the coronavirus pandemic.

05/10/2020