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Country Economic Forecasts - Eurozone

Country Economic Forecasts - Eurozone

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Country Economic Forecasts - Eurozone

We now see the eurozone growing by 3.9% in 2022, down marginally from our forecast last month, after expected expansion of 5.1% in 2021. The latest surge in Covid infections has led us to lower our forecast for Q1. But as we assume that the health situation will not result in hard lockdowns, we expect the economy to recover the lost ground by mid-year, with the impact over this year as a whole being very mild. Growth in 2023 is forecast to slow to 2.7%.

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