Euro-zone Economic Outlook
A joint initiative of leading European economic institutes (Ifo Institute in Munich, INSEE in Paris and Istat in Rome) to produce short-term forecasts for GDP, consumption, industrial production and inflation in the euro zone.
Latest result
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Euro-zone Economic Outlook April 2013
Gradually moving out of recession
Apr 5, 2013: In Q4 2012, activity in the Eurozone contracted by 0.6% (-0.1% in the previous quarter). The decrease in exports put a drag on GDP growth while domestic demand remained on a negative trend. However, in the first quarter of 2013, the business climate has slightly improved. As a result, Eurozone activity is expected to turn positive in the second quarter: 0.0% in Q1, +0.1 % in Q2 and +0.2% in Q3. Exports are projected to accelerate, as demand from emerging markets will expand at an increasing pace, reflecting monetary and fiscal easing. Furthermore, GDP growth in the United States is also expected to be buoyant and support Eurozone exports. Details
Euro-zone Economic Outlook
Methodological Note
This quarterly publication is prepared jointly by the German Ifo Institute, the French INSEE institute, and the Italian ISTAT institute. The forecast methods are shared by the three institutes. They are based on time-series models using business surveys by national institutes, Eurostat, and the European Commission. read on Methodological Note