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EU downgrades Eurozone growth forecasts, Germany in contraction this year

EU downgrades Eurozone growth forecasts, Germany in contraction this year
European Commission, in its Summer 2023 interim forecast, revised down its growth projections for Eurozone. For 2023, growth outlook was cut from 1.1% to 0.8%, while 2024 projection was trimmed from 1.6% to 1.3%. On the inflation front, expectations for 2023 was djusted downward from 5.8% to 5.6%, yet 2024 forecast saw a minor uptick […] The post EU downgrades Eurozone growth forecasts, Germany in contraction this year appeared first on Action Forex... Read More
Posted: Sep 11 2023, 10:03
Author Name: actionforex
Views: 092068

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