Below are some of the key results from the European Central Bank’s (ECB) survey of professional forecasters, published this Friday.
Growth forecasts:
“¢ 2018 growth seen at 2.0%; down from 2.2%.
“¢ 2019 growth seen at 1.8%; down from 1.9%.
“¢ 2020 growth seen at 1.6%; unchanged.
Inflation outlook:
“¢ Euro-zone HICP inflation expectations unchanged at 1.7% for 2018, 2019 and 2020; unchanged.
“¢ Core inflation seen at 1.1% for 2018; down from 1.2%.
“¢ Core inflation seen at 1.4% for 2019; down from 1.5%.
“¢ Core inflation is seen at 1.7% for 2020; unchanged.
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