In the Summer 2022 Economic Forecast, European Commission downgraded both 2022 and 2023 Eurozone GDP growth projections. Meanwhile, HICP inflation projections were upgraded for Eurozone in both years. . Eurozone GDP growth forecasts: 2022 at 2.6% (downgraded from 2.7%). 2023 at 1.4% (downgraded from 2.3%). Eurozone HICP inflation forecasts: 2022 at 7.6% (upgraded from 6.1%). […]
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