Economy Watch: European View (April 2023)
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Economy Watch: European View (April 2023)


April 14, 2023 | Report

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Continued improvement in business output suggests economic activity in the Euro Area has entered 2023 on the right footing. However, continued price pressures, and more restrictive monetary policy will act as headwinds to the Euro Area’s growth prospects. Thus, we stay firm in our projections for subdued economic growth in 2023 and 2024 equal to 0.5 and 0.9 percent, respectively.


AUTHOR

KonstantinosPanitsas

Konstantinos Panitsas

Economist
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