The European Central Bank (ECB) released the results of its latest survey of professional forecasters this Friday and here are some of the key findings:
“¢ 2019 GDP growth seen at 1.5%, down from 1.8% previous.
“¢ 2020 GDP growth seen at 1.5% from 1.6% forecasted previously.
“¢ 2019 inflation seen at 1.5% as against 1.7% previous.
“¢ 2020 inflation seen at 1.6%, slightly lower than 1.7% previous.