The European Commission released its latest economic forecasts this Thursday and below are some of the key highlights from the report.
“¢ 2018 Euro-zone growth forecast lower to 2.1% from 2.3%.
“¢ 2019 growth forecast unchanged at 2.0%.
“¢ Euro-zone inflation seen at 1.7% in 2018 (previously 1.5%).
“¢ Euro-zone inflation seen at 1.7% in 2019 (previously 1.6%).
UK:
“¢ Sees UK growth at 1.3% in 2018 (previously 1.5%).
“¢ Sees UK growth at 1.2% in 2019 (unchanged).
Germany:
“¢ Sees Germany growth at 1.9% in 2018 (previously 2.3%).
“¢ Sees Germany growth at 1.7% in 2019 (previously 2.1%).
France:
“¢ Sees France growth at 1.7% in 2018 (previously 2.0%).
“¢ Sees France growth at 1.7% in 2019 (previously 1.8%).