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Gradual rebound in EU economy post prolonged lull: Autumn Forecast
Nov 17, 2024
Insights
- After a prolonged period of stagnation, the EU economy is returning to modest growth, while the disinflation process continues.
- The European Commission's Autumn Forecast projects GDP growth in 2024 at 0.9 per cent in the EU and 0.8 per cent in the euro area.
- Economic activity is projected to accelerate to 1.5 per cent in the EU and to 1.3 per cent in the euro area in 2025.