Eurozone Stagnates in Q423, Muted Growth Expected In 2024
Country Risk / Wed 31 Jan, 2024
Key View
- In line with our expectations, the flash estimate for eurozone real GDP growth in Q423 came in at 0.0% q-o-q (Bloomberg consensus: -0.1%), following a 0.1% contraction in Q323. This brought the region’s annual growth to 0.5%, down from 3.4% in 2022.
- We forecast that eurozone growth will accelerate modestly to 0.8% in 2024 and 1.5% in