Textile & Apparel
Textiles
S&P Global projects eurozone GDP growth of 0.8% in 2024, 1.2% in 2025
Dec 02, 2024
Insights
- S&P Global Ratings recently projected eurozone GDP growth of 0.8 per cent in 2024 and 1.2 per cent in 2025, with Germany lagging eurozone peers, and Spain continuing to outperform.
- It expects inflation will be marginally lower in 2025, at 2.4 per cent, than 2.5 per cent anticipated earlier.
- Yet the underlying price trend remains intact, with prices potentially stabilising over the near term.