Mercy Starlin

Winter Forecast 2024 European Commission. The european commission’s winter interim forecast revises growth in both the eu and the euro area down to 0.5% in 2023, from 0.6% projected in the autumn. Following a narrow escape from recession in late 2023, the european union’s economy has entered 2024 with less vigour than anticipated, as confirmed by the european.

Inflation will also speed up its current downward trend this year. The european commission’s winter interim forecast revises growth in both the eu and the euro area down to 0.5% in 2023, from 0.6% projected in the autumn.