Summer 2018 European Economic Forecast (Interim)

Author (Corporate)
Publisher
Series Title
Series Details Number 84
Publication Date July 2018
ISBN 978-92-79-77465-2
ISSN 2443-8014
EC KC-BC-18-016-EN-N
Content Type

Summary:

The European Commission published on 12 July 2018 its interim economic forecast, which covers annual and quarterly GDP and inflation for the year and following one for all Member States and the Eurozone, as well as aggregates for the European Union.

Further information:

Growth was forecast to remain strong in 2018 and following year, at 2.1% and 2% respectively in both in the EU and the Euro area. However, after fice consecutive quarters of vigorous expansion, the economic momentum moderated in the first half of 2018. It was expected that growth momentum would strengthen somewhat in the second half of 2018, as labour market conditions were forecast to improve, household debt decline, and consumer confidence to remain high.

Source Link http://dx.publications.europa.eu/10.2765/81909
Alternative sources
  • https://ec.europa.eu/info/publications/economy-finance/european-economic-forecast-summer-2018-interim
  • https://ec.europa.eu/info/sites/info/files/economy-finance/ip084_en.pdf
Related Link(s)
News
EurActiv, 12.07.18: Trade war starts to dent European growth https://www.euractiv.com/section/economy-jobs/news/trade-war-starts-to-dent-european-growth/
Deutsche Welle, 12.07.18: EU economic growth forecast reduced https://p.dw.com/p/31LPi
RTÉ News, 12.07.18: EU Commission cuts euro zone growth forecasts due to trade wars https://www.rte.ie/news/business/2018/0712/978148-european-commission-forecasts/
Reuters, 12.07.18: EU cuts euro zone growth forecast, blames U.S. trade wars https://www.reuters.com/article/idUSKBN1K2126

Official
European Commission: DG Economic and Financial Affairs: Summer 2018 Interim Economic Forecast: Resilient growth amid increased uncertainty https://ec.europa.eu/info/business-economy-euro/economic-performance-and-forecasts/economic-forecasts/summer-2018-interim-economic-forecast-resilient-growth-amid-increased-uncertainty_en
European Commission: Press Release, 12.07.18: Summer 2018 Interim Economic Forecast: Resilient Growth amid increased uncertainty http://europa.eu/rapid/press-release_IP-18-4402_en.htm
European Commission: Commissioner Pierre Moscovici presents the Summer 2018 Interim Economic Forecast http://europa.eu/rapid/press-release_SPEECH-18-4507_en.htm

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