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Winter 2024 Economic Forecast: A delayed rebound in growth amid faster easing of inflation

The Commission publishes macroeconomic forecasts for the EU and its member countries four times a year.  This Winter interim Forecast lowers the growth outlook for this year and sets inflation on a lower downward path than projected last autumn. Economic activity in 2023 is now estimated to have expanded by only 0.5% in both the EU and the euro area. The growth outlook for 2024 is revised down to 0.9% in the EU and 0.8% in the euro area. In 2025, economic activity ...

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