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Jul 7, 2021 · Summer 2021. The European economy is forecast to rebound faster than previously expected, as activity in the first quarter of the year exceeded expectations and the improved health situation prompted a swifter easing of pandemic control restrictions in the second quarter.
- Summer 2021 Economic Forecast: Reopening fuels recovery
The European economy is forecast to rebound faster than...
- Summer 2021 Economic Forecast: Reopening fuels recovery
Jul 7, 2021 · The European economy is forecast to rebound faster than previously expected, as activity in the first quarter of the year exceeded expectations and the improved health situation prompted a swifter easing of pandemic control restrictions in the second.
According to the Summer 2021 interim Economic Forecast, the economy in the EU and the euro area is set to expand by 4.8% this year and 4.5% in 2022. Compared to the previous forecast in the spring, the growth rate for 2021 is significantly higher in the EU (+0.6 pps.) and the euro area (+0.5 pps.), while for 2022 it is slightly higher in both ...
Macroeconomic projections aim to predict and understand the future state of the economy on a broad scale. They include information related to economic growth, inflation, wages, unemployment and trade. Eurosystem and ECB staff produce macroeconomic projections that cover the outlook for the euro area and the wider global economy.
The European Commission published on 7 July 2021 its Summer economic forecast for the European Union (EU) and the Eurozone. Further information: The Summer 2021 Economic Forecast projects that the economy will rebound faster than previously expected.
- Publications Office of the European Union
- European Economy: Institutional Papers
- Number 156
Spring Economic Forecast 2021 infographic. Economy and Finance … Economic forecast and surveys; Economic forecasts; Summer 2021 Economic Forecast: Reopening fuels recovery
Summer 2021 Economic Forecast: Reopening fuels recovery