Eurozone 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.
Eurozone Economic Outlook April 2016
Apr 12, 2016: In a lacklustre international environment, the Eurozone is expected to remain resilient and continue to recover at a moderate pace. Real gross domestic product is estimated to increase by 0.4% quarter-on-quarter in the first three quarters of 2016. The driving force behind this development is a dynamic domestic demand. An upturn in household purchasing power is expected to support private consumption, stimulated by the past drop in oil prices. The massive influx of refugees, mainly in Germany, is expected to raise public consumption and transfers. Details
Economic activity is not always easy to forecast accurately. Like all forecasts, the Eurozone Economic Outlook (EZEO) differs to a certain extent from the official statistics published at a later date. To guarantee transparency, this article documents and evaluates the EZEO’s forecasts of real gross domestic product and inflation in the euro since 2004. read on Evaluation of the Eurozone Economic Outlook
This quarterly publication is prepared jointly by the German Ifo Institute, the French Insee institute, and the Italian Istat institute. The forecast results are based on consensus estimates building on common macroeconomic forecast methods by the three institutes. read on Methodological Note