- Economists cut euro area inflation and economic outlook - ECB survey of professional forecasters
Market news
25 October 2019
Economists cut euro area inflation and economic outlook - ECB survey of professional forecasters
2019 inflation seen at 1.2% (previously 1.3%)
2020 inflation seen at 1.2% (previously 1.4%)
2021 inflation seen at 1.4% (previously 1.5%)
Long-term core inflation projections got slashed again to 1.6% from 1.7% in the July survey and that is the weakest forecast reading on record in the survey's history.
2019 real GDP growth seen at 1.1% (previously 1.2%)
2020 real GDP growth seen at 1.0% (previously 1.3%)
2021 real GDP growth seen at 1.3% (previously 1.4%)
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