Latest European Commission economic forecasts report for Autumn 2015
GDP
- EZ 2015 GDP 1.6% vs 1.5% prior
- 2016 1.8% vs 1.9% prior
- 2017 1.9% (new)
- EU 2015 GDP 1.9% vs 1.8% prior
- 2016 2.0% vs 2.1% prior
- 2017 2.1%
CPI
- EZ 2015 0.1% unch
- 2016 1.0% vs 1.5% prior
- 2017 1.6%
- EU 2015 0.0% vs 0.1% prior
- 2016 1.1% vs 1.5% prior
- 2017 1.6%
Some of the blurb
- Euro area economy heading for continued, moderate recovery amid challenging global conditions
- Domestic demand supported by convergence of tailwinds
- Investment set to accelerate
- Oil prices expected to remain low for extended period
- EM economies have slowed considerably
- Slow global trade growth should dampen Euro are exports in coming quarters
- If managed properly, refugee inflows will have a small favourable effect on growth in short/medium term
- Recovery has been supported by low oil prices and weak external value of the euro
Full EC economic forecasts report Autumn 2015
Here's the full rundown followed by the spring breakdown for comparison
Autumn 2015 forecasts
Spring 2015 forecasts