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Eurozone Economic Outlook

Image 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.

Latest Forecast

  1. Eurozone Economic Outlook October 2016

    Modest expansion lying ahead

    Oct 11, 2016: The expansion of Eurozone gross domestic product lost some momentum in Q2 2016 (+0.3%), as investment and private consumption slowed down, partly due to weather related factors. Economic activity is expected to accelerate slightly over the forecast horizon (+0.3% in Q3 2016 then +0.4% in Q4 2016 and Q1 2017) on the back of a strengthening of external demand and a stabilization of private-consumption growth. Details

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Evaluation of the Eurozone Economic Outlook

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

Methodological Note

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


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