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Showing 1 - 10 of 31 results for "Eurozone GDP"

Chief economist update: Anchoring the recovery

BENJAMIN ONG  |  TUESDAY, 15 JUN 2021
... this year (from 3.6% its predicted in December 2020) and 4.4% in 2022 (from 3.3%). Although still in contraction, Eurozone GDP growth has improved to negative 1.3% in the year to the March 2021 quarter from negative 4.7% in the previous quarter. The ...

Chief economist update: Europa rides the bull once again

BENJAMIN ONG  |  FRIDAY, 9 APR 2021
... Eurozone's economic growth outlook by both the OECD and the IMF. The OECD's March 2021 "Interim Outlook Forecasts" has Eurozone GDP growing by 3.9% this year - up from 3.6% it forecast it December - and 3.8% in 2022 - up from 3.3%. Similarly ...

Chief economist update: OECD sees stronger growth ahead

BENJAMIN ONG  |  WEDNESDAY, 10 MAR 2021
... with the US' -3.5%. It's not only against the US but the Australian economy has receded less than its peers. Eurozone GDP dropped by 6.8% in 2020; the UK by 9.9% and Japan by 4.8%. Not only has the domestic economy shrunk by less but the OECD ...

Chief economist update: Light at the end of the Euro tunnel

BENJAMIN ONG  |  FRIDAY, 12 FEB 2021
... given tighter and/or extended coronavirus restrictions and lockdowns remain in place in many of its member countries. Eurozone GDP fell into recession in the first half of 2020, contracting by 3.7% in the first quarter and 11.7% in the second (lucky ...

Chief economist update: COVID-19 returns to Europe with a vengeance

BENJAMIN ONG  |  MONDAY, 19 OCT 2020
... have been hit by intensifying virus concerns". At its September meeting, the European Central Bank (ECB) forecast Eurozone GDP contracting by 8% in 2020 - better than the 8.7% slump predicted in June. Growth projections for the year 2021 and 2022 were ...

Chief economist update: The W in the second wave

BENJAMIN ONG  |  TUESDAY, 29 SEP 2020
... growth average of 4.8% (single-hit) or 2.2% (double-hit). The IMF's projections send the same message. It expects Eurozone GDP growth to bounce back by 6.0% in 2021, stronger than the 4.8% recovery in advanced economies. The sharp recovery in the ...

Chief economist update: ECB keeps it steady

BENJAMIN ONG  |  FRIDAY, 11 SEP 2020
... tweak in the latest ECB staff macroeconomic projections for the single currency region. The September forecasts show Eurozone GDP contracting by 8% in 2020 - better than the 8.7% slump predicted in June. Growth projections for the year 2021 and 2022 ...

Chief economist update: This rebound is brought to you by the letter V

BENJAMIN ONG  |  MONDAY, 29 JUN 2020
... growth average of 4.8% (singel-hit) or 2.2% (doubel-hit). The IMF's projections sends the same message. It expects Eurozone GDP growth to bounce back by 6.0% in 2021, stronger than the 4.8% recovery in advanced economies. Like all other central banks ...

Chief economist update: The ECB's PEPP economy

BENJAMIN ONG  |  FRIDAY, 5 JUN 2020
... 2021 (from 1.4%) and 1.3% (from 1.6%) in 2022. This is hardly surprising given the sharp 3.2% (year-on-year) drop in Eurozone GDP in the March 2020 quarter that followed a 1.0% growth in the December 2019 quarter. Despite the recent improvement in the ...

Chief economist update: Eurozone contraction heads from mild to severe

BENJAMIN ONG  |  THURSDAY, 28 MAY 2020
... growth of between 8% (medium) and 12% this year. This is hardly surprising given the sharp 3.2% (year-on-year) drop in Eurozone GDP in the March 2020 quarter that followed a 1.0% growth in the December 2019 quarter. Despite the recent improvement in ...
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