EK increases Euro zone’s 2017 GDP forecast, lowers inflation forecast

FXStreet – The latest report on Euro-zone forecast of the European Commission (EC) shows that the 2017 GDP forecast is rising, while the inflation forecast.

Important Details:

Rise of the 2017 Euro zone GDP forecast from 1.6 % to 1.7 %

2018 GDP forecast unchanged at 1.8%

EU GDP growth for 2017 and 2018, 1.9%

UK in 2017 GDP will increase from 1.5% before to 1.8%, for 2018, from 1.3% to 1.2%

EZ 2017 inflation forecast falls from 1.7% previously to 1.6%

EZ 2018 inflation forecast falls from 1.4% to 1.3%

France’s deficit is forecast to rise from 2.9% of GDP previously, to 3%, and 3.2% in 2018

EZ 2017 unemployment rate at 9.4% and 8.9% in 2018

Germany’s trade surplus slowed down in 2017 to 8.0% of GDP and 7.6% in 2018, up from 8.5% in 2016

Germany’s 2017 GDP unchanged at 1.6%, 1.9% in 2018 (previously 1.8%)

France’s 2017 GDP at 1.4%, 2018 1.7%

Italy’s 2017 GDP at 0.9%, 2018 1.1%

** FXStreet News Editorial, FXStreet**

Leave a Reply

Яндекс.Метрика