The ECB’s survey of professional forecasters, released this Thursday showed that economists trimmed Euro-zone inflation and growth forecasts.
Key highlights:
“¢ 2019 inflation seen at 1.4% (previously 1.5%).
“¢ 2020 inflation seen at 1.5% (previously 1.6%).
“¢ 2021 inflation seen at 1.6% (previously 1.7%).
“¢ 2019 real GDP growth seen at 1.2% (previously 1.5%).
“¢ 2020 real GDP growth seen at 1.4% (previously 1.5%).
“¢ 2021 real GDP growth seen at 1.4% (unchanged).
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