Economic forecasting
BNB: Bulgaria's GDP to Rise by 2.2% in 2024, with Average Annual Inflation at 3%
In its latest macroeconomic forecast released on Tuesday, the Bulgarian National Bank (BNB) anticipates a 2.2% increase in Bulgaria's Gross Domestic Product (GDP) for the year 2024, compared to 1.8% in 2023.
Bulgaria's Ministry of Finance Forecasts Halved Inflation Rates for 2024
The Ministry of Finance in Bulgaria has revised its inflation predictions for the year 2024, slashing them by half compared to previous estimates. According to the department's spring macroeconomic forecast, the average annual inflation rate is anticipated to drop to 2.4%, with further deceleration to 2.3% by year-end.
Brussels keeps growth forecast at 2.3%
The European Commission estimates in its winter forecasts that Greece will achieve the fourth highest growth rate in the eurozone and almost three times its average in 2024.
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Profits drive prices higher
Corporate profits are fueling inflation to a large extent in Greece and will continue to do so in the coming years, according to the fall forecasts of the European Commission, which confirm previous relevant estimates of the OECD and calculations of other independent bodies, including the Bank of Greece.
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OECD: Robust Greek economic growth projected despite headwinds
Greek economic growth will remain robust, with real GDP growth projected at 2.2% in 2023 and 1.9% in 2024, according to the Paris-based Organization for Economic Cooperation and Development (OECD).
Bulgaria’s Ministry of Finance predicts a Slowdown in Economic Growth to 1.8% this year
The Bulgarian economy will slow its growth to 1.8 percent this year, according to the spring macroeconomic forecast of the Ministry of Finance.
Due to the Russian war against Ukraine, an alternative scenario has also been developed, according to which the growth of the gross domestic product (GDP) at current prices may deviate downwards by between 0.5 percentage points.
The European Commission forecasts 4% growth for Greece in 2022, inflation to jump to 8.9%
The EC has revised its inflation forecast upwards
Delo wonders why govt does not trust IMAD
Ljubljana – It’s been a month since the government was expected to endorse the IMAD’s latest macroeconomic forecast for Slovenia, so Delo wonders on Saturday why it does not trust what the paper says is a good and independent institution known for its sound macroeconomic analysis.
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OECD: Global Recovey Prospects Are Unneven but Europe's Outlook Is Rising
The Organisation for Economic Co-operation and Development (OECD) issued a warning saying that the "uneven" global economic recovery provokes worse forecasts related to global economy. OECD lowered its 2021 growth forecasts for the world, including pessimistic expectations about US. Still the Organisation raised the outlook for Europe, EPA reported.
Kristalina Georgieva: We Expect the Worst Economic Fallout Since Great Depression
The global coronavirus pandemic is causing an unprecedented economic crisis and will require a massive response to secure a recovery, IMF chief Kristalina Georgieva said on Thursday, BGNES reports.
She warned that "global growth will turn sharply negative in 2020," with 170 of the International Monetary Fund's 180 members experiencing a decline in per capita income.