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Macro - Country Economic Forecasts - Eurozone

Publisher Oxford Economics
Published Apr 13, 2023
Length 7 Pages
SKU # OFE17888485

Description

Macro - Country Economic Forecasts - Eurozone

We have raised our 2023 eurozone GDP growth forecast by 0.2ppts to 0.8%. However, we've cut our outlook for 2024 by 0.3ppts to 1% growth as a consequence of the lagged impact from tighter financing conditions. Our base case remains that the eurozone will avoid a systemic banking crisis, but we will closely monitor volatility in market sentiment over the coming months.

Table of Contents

7 Pages
Eurozone: Resilient activity improves our Short-term outlook
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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