Research Detail
| 2024/10/04 / Erste Group Research |
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
| Author | Erste Group Research |
| Date | 2024/10/04 |
| Language |  |
| Product name | Week ahead |
| Topic in focus | Macro/ Fixed income |
| Economy in focus | Eurozone, United States |
| Currency in focus | Euro, US Dollar |
| Sector in focus | - |
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