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Nov 11, 2021 · The Autumn 2021 Economic Forecast projects that, despite mounting headwinds, the EU economy is projected to keep expanding over the forecast horizon. Most Member States are expected to reach the pre-pandemic volume of output by the end of 2021, while a few others will fully recover in 2022.
After reaching 2.4% in 2021, inflation in the euro area is forecast to decline to 2.2% in 2022 and 1.4% in 2023, as energy prices are set to gradually level out as from the second half of next year and the imbalances between supply and demand solve.
The Consensus Economics cut-off date is 8 December for 2021 and 2022, and 14 October 2021 for 2023, 2024, 2025 and 2026. The cut-off date for data included in the projections was 1 December 2021. The December 2021 Eurosystem staff macroeconomic projections for the euro area foresee inflation to be higher for longer, but falling to rates below ...
European Economic Forecast – Autumn 2021 . Contents 152 ... European Economic Forecast, Autumn 2021 154 Table 1: 25.10.2021 5-year 2003 - 07 2008 - 12 2013 - 17 ...
Economic Bulletin Issue 3, 2021. Update on economic and monetary developments. Summary. While the recovery in global demand and the sizeable fiscal stimulus are supporting global and euro area activity, the near-term economic outlook remains clouded by uncertainty about the resurgence of the pandemic and the roll-out of vaccination campaigns.
Sep 9, 2021 · This outlook is based on several assumptions: a rapid relaxation of containment measures during the second half of 2021, a gradual dissipation of supply bottlenecks as of early 2022, substantial ongoing policy support (including favourable financing conditions) and a continued global recovery.
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“Europe’s economy is finally back on track,” European Commission President Ursula von der Leyen told the Brussels Economic Forum. The Commission chief also welcomed the fact that all four keynote speakers at the 2021 Forum were women.