Eurozone | Higher growth forecasts for 2018-19
Published on Wednesday, January 24, 2018 | Updated on Friday, January 26, 2018
Eurozone | Higher growth forecasts for 2018-19
Summary
Our MICA-BBVA model estimates steady growth in 4Q17 (0.6/0.7% QoQ). We revised up our growth forecast to 2.2% in 2018 given strengthened domestic factors and better global outlook. Our inflation forecast increased to 1.5% due to higher oil prices but keeping a view of gradual pick-up in core prices. We still expect a gradual normalization of monetary policy during 2018-19.
Geographies
- Geography Tags
- Europe
Topics
- Topic Tags
- Macroeconomic Analysis
Tags
- Tags
- GDP
- Economic growth
- forecasts
Authors
Manuel Cabezas
Rodrigo Falbo
BBVA Research - Principal Economist
Agustín García
BBVA Research - Principal Economist
Miguel Jiménez
BBVA Research - Lead Economist
Fernando Soto
Documents and files
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