Winter 2018 Economic Forecast (Interim)

Author (Corporate)
Publisher
Series Title
Series Details No.73, February 2018
Publication Date 07/02/2018
ISBN 978-92-79-77454-6
ISSN 2443-8014
EC KC-BC-18-005-EN-N
Content Type

Further information:

This report unveiled that growth rates for the Euro area and the European Union beat expectations in 2017 as the transition from economic recovery to expansion continued. The euro area and EU economies were both estimated to have grown by 2.4 percent in 2017, the fastest pace in a decade.

Background information:

From 2018, the European Commission decided revert to publishing two comprehensive forecasts (spring and autumn) and two interim forecasts (winter and summer) each year, instead of the three comprehensive forecasts in winter, spring and autumn that it produced each year since 2012.

The interim forecasts is set to cover annual and quarterly GDP and inflation for the current year and following years for all Member States and the euro area, as well as EU aggregates.

The European Commission published on 7 February 2018 its latest Economic Forecast for the European Union, Eurozone and each member state.

Source Link http://dx.publications.europa.eu/10.2765/812608
Related Link(s)
European Commission: DG Economic and Financial Affairs: Winter 2018 Economic Forecast https://ec.europa.eu/info/business-economy-euro/economic-performance-and-forecasts/economic-forecasts/winter-2018-economic-forecast
European Commission: Winter 2018 Interim Economic Forecast: A solid and lasting expansion [Press Release, February 2018] http://europa.eu/rapid/press-release_IP-18-604_en.htm
European Commission: Commissioner Pierre Moscovici presents the Winter 2018 Interim Economic Forecast http://europa.eu/rapid/press-release_SPEECH-18-686_en.htm
RTÉ, 07.02.18: Commission eyes Irish GDP growth of 7.3% in 2017, fastest in European Union https://www.rte.ie/news/business/2018/0207/938985-economy-growth-forecasts/
Euronews, 07.02.18: Economic forecast strong for Europe http://www.euronews.com/2018/02/07/economic-forecast-strong-for-europe
The Sofia Globe, 07.02.18: EC winter forecast nudges down Bulgaria’s 2018 growth estimate https://sofiaglobe.com/2018/02/07/ec-winter-forecast-nudges-down-bulgarias-2018-growth-estimate/
Total Croatia News, 07.02.18: Crotatian Economy to Grow 2.8%, European Commission says https://www.total-croatia-news.com/business/25696-croatian-economy-to-grow-2-8-european-commission-says
EurActiv, 08.02.18: Moscovici ‘not worried’ about market turbulences, raises EU growth forecast https://www.euractiv.com/section/economy-jobs/news/moscovici-not-worried-about-market-turbulences-raises-eu-growth-forecast/
Bloomberg, 07.02.18: EU Forecasts Stronger Euro-Area Growth as German Core Stabilizes https://www.bloomberg.com/news/articles/2018-02-07/eu-forecasts-stronger-euro-area-growth-as-brexit-risks-remain
Greek Reporter, 07.02.18: European Report Claims Greek Economy Will Grow 2.5 pct http://greece.greekreporter.com/2018/02/07/european-report-claims-greek-economy-will-grow-2-5-pct/
Radio Poland, 07.02.18: European Commission upgrades Poland’s GDP growth forecast http://www.thenews.pl/1/12/Artykul/348124

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