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European Commission cuts Eurozone growth forecast amid building recession risks

European Commission cuts Eurozone growth forecast amid building recession risks
Eurozone GDP growth forecast seen at 0.8% in 2023 (prev. 1.1%), 1.3% in 2024 (prev. 1.6%)Germany GDP growth forecast seen at -0.4% in 2023 (prev. 0.2%), 1.1% in 2024 (prev. 1.4%)France GDP growth forecast seen at 1.0% in 2023 (prev. 0.7%), 1.2% in 2024Italy GDP growth forecast seen at 0.9% in 2023 (prev. 1.2%), 0.8% in 2024 (prev. 1.1%)Spain GDP growth forecast seen at 2.2% in 2023 (prev. 1.9%), 1.9% in 2024 (prev. 2.0%)On the lower revisions, the European Commission says that "weakness in domes... Read More
Posted: Sep 11 2023, 09:08
Author Name: forexlive
Views: 110644

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