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2024/10/04 / Erste Group Research
Week Ahead

Eurozone inflation forecast for 2025 lowered

Global oil prices have weakened continuously since the beginning of July, which has also led to a slight fall in expectations for price trends in 2025. Due to these lower expectations, we have lowered our inflation forecast for the Eurozone for 2025 to 1.9% from 2.1% previously.

For Austria we now expect another year of recession and assume that GDP will shrink by 0.3% in 2024. Since we expect Austria's economic performance to remain weak in the coming months, we expect to see a moderate economic recovery in 2025, but GDP growth will be below average at +0.9%.


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General information

AuthorErste Group Research
Date2024/10/04
Product typeweekly / bi-weekly
Product nameWeek ahead
Topic in focusMacro/ Fixed income
Languageen
Market cap-
AvailabilityAll [1]
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