ECB, (2018), “ECB staff macroeconomic projections for the euro area”, March
The economic expansion in the euro area is projected to remain robust, with growth rates staying above potential. Real GDP growth is projected to slow from 2.5% in 2017 to 1.7% in 20202 as some tailwinds slowly fade away. HICP inflation is expected to pick up to 1.7% in 2020, supported by a gradual rise in underlying inflation as capacity constraints become more binding.
Relevant Posts
- Thorsten Beck, Consuelo Silva-Buston, Wolf Wagner, (2018), «The economics of supranational bank supervision«, VoxEU, 13 March
- Eurostat/Euro area annual inflation down to 1.2% /28 February 2018