The European Commission released its latest economic forecasts this Thursday and below are some of the key highlights from the report.
• 2018 Euro-zone growth forecast lower to 2.1% from 2.3%.
• 2019 growth forecast unchanged at 2.0%.
• Euro-zone inflation seen at 1.7% in 2018 (previously 1.5%).
• Euro-zone inflation seen at 1.7% in 2019 (previously 1.6%).
• Sees UK growth at 1.3% in 2018 (previously 1.5%).
• Sees UK growth at 1.2% in 2019 (unchanged).
• Sees Germany growth at 1.9% in 2018 (previously 2.3%).
• Sees Germany growth at 1.7% in 2019 (previously 2.1%).
• Sees France growth at 1.7% in 2018 (previously 2.0%).
• Sees France growth at 1.7% in 2019 (previously 1.8%).
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