ECB Survey: Eurozone 2021 GDP growth seen lower at 4.4%

Dhwani Mehta FXStreet

Economists predict the Eurozone economy to grow at a slow pace in 2021 before accelerating sharply in 2022, a European Central Bank (ECB) quarterly survey of professional forecasters showed on Friday.

Key takeaways

"See real GDP growth in the Eurozone at 4.4% this year, down from 5.3% in the previous edition of the survey."

"As for next year, the survey showed the economy was now expected to expand by 3.7%, compared to 2.6% in the October poll."

EUR/GBP sits near session tops, around 0.8900 mark post-Eurozone PMIs

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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