EU downgrades 2022 Eurozone GDP forecasts, upgrades inflation

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EU downgrades 2022 Eurozone GDP forecasts, upgrades inflation

In the Winter 2022 interim forecasts, EU downgrades 2022 Eurozone GDP growth forecasts from 4.3% to 4.0%. Nevertheless, 2023 GDP growth forecast was upgraded from 2.4% to 2.7%. Eurozone 2022 HICP inflation forecast was raised from 2.2% to 3.5%. 2023 HICP inflation forecast was also upgraded from 1.4% to 1.7%. Valdis Dombrovskis, Executive Vice-President for […]

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