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The Economic Forecast produced by EuCham remarkably consolidates and aggregates a multitude of other projections. Synthesising in a single result the different estimates of hundreds of economists and researchers from IMF, World Bank, OECD, ECB, Bank of China, and many other distinct institutions from different continents, it generates a safer prediction structure. Combining and integrating often dissimilar and unassociated views of diverse institutions which may have access to distinct and unofficial information, it aims at calculating the best assessments regarding the upcoming times. The purpose of the new Economic Forecast is to reduce uncertainty about the future, allowing private and public entities to make better decisions and prepare for the time ahead.
The report (2 pages, pdf) is available here –> EuCham Economic Outlook Sep 2022
The complete data set (all sources and results) is shared in Google Docs at bit.ly/eucham-2022-09
PRESS KIT: Infographics for press and social media
FORECAST • European Economic Outlook 2022/23 • FORECAST
| GDP growth % FORECAST |
Inflation % FORECAST |
Unemployment % FORECAST |
Currencies in USD FORECAST |
||||||
| 2022 F | 2023 F | 2022 F | 2023 F | 2022 F | 2023 F | 2022 F | 2023 F | ||
|
Germany |
1.5 |
1.1 |
7.6 |
4.5 |
3.0 |
3.0 |
EUR |
0.99 |
1.11 |
|
UK |
3.4 |
0.3 |
8.8 |
6.5 |
3.9 |
4.3 |
GBP |
1.14 |
|
|
France |
2.4 |
0.9 |
5.6 |
3.8 |
7.3 |
7.5 |
EUR |
0.99 |
1.11 |
|
Italy |
2.8 |
0.9 |
6.9 |
3.3 |
8.9 |
8.9 |
EUR |
0.99 |
1.11 |
|
Russia |
-8.3 |
-2.5 |
17.0 |
8.5 |
6.5 |
6.0 |
RUB |
73.22 |
|
|
Spain |
4.3 |
2.3 |
8.4 |
3.8 |
13.7 |
13.3 |
EUR |
0.99 |
1.11 |
|
Netherlands |
3.4 |
1.2 |
9.8 |
4.4 |
3.7 |
4.1 |
EUR |
0.99 |
1.11 |
|
Switzerland |
2.4 |
1.2 |
2.7 |
1.6 |
4.7 |
4.6 |
CHF |
0.98 |
0.97 |
|
Turkey |
3.5 |
3.2 |
71.8 |
36.2 |
11.6 |
11.1 |
TRY |
21.07 |
21.25 |
|
Poland |
4.2 |
2.6 |
11.8 |
8.9 |
3.4 |
3.3 |
PLN |
4.97 |
|
|
Sweden |
2.3 |
1.2 |
6.6 |
3.9 |
7.5 |
7.2 |
SEK |
11.08 |
|
|
Belgium |
2.4 |
0.9 |
9.0 |
4.0 |
5.9 |
5.9 |
EUR |
0.99 |
1.11 |
|
Ireland |
5.5 |
3.4 |
7.3 |
3.8 |
5.2 |
4.9 |
EUR |
0.99 |
1.11 |
|
Austria |
3.9 |
1.2 |
6.6 |
3.6 |
5.1 |
4.9 |
EUR |
0.99 |
1.11 |
|
Norway |
3.3 |
1.7 |
5.1 |
3.0 |
2.8 |
2.8 |
NOK |
10.16 |
|
|
Denmark |
3.0 |
1.4 |
6.6 |
3.5 |
4.7 |
5.0 |
DKK |
7.66 |
|
|
Finland |
1.7 |
0.9 |
6.1 |
3.2 |
6.8 |
7.0 |
EUR |
0.99 |
1.11 |
|
Romania |
4.1 |
3.4 |
12.0 |
8.1 |
5.6 |
5.4 |
RON |
5.02 |
|
|
Czech Rep. |
2.1 |
2.3 |
14.4 |
7.3 |
2.5 |
2.5 |
CZK |
25.56 |
|
|
Portugal |
5.6 |
1.8 |
6.5 |
3.2 |
5.9 |
5.7 |
EUR |
0.99 |
1.11 |
|
Greece |
3.8 |
2.6 |
8.9 |
3.1 |
13.1 |
12.4 |
EUR |
0.99 |
1.11 |
|
Kazakhstan |
2.8 |
4.0 |
12.6 |
8.2 |
4.9 |
4.8 |
KZT |
494.4 |
490.0 |
|
Ukraine |
-40.0 |
6.5 |
20.7 |
13.6 |
25.0 |
15.0 |
UAH |
38.09 |
|
|
Hungary |
4.5 |
2.4 |
12.0 |
9.5 |
3.8 |
3.7 |
HUF |
434.9 |
|
|
Slovakia |
1.9 |
2.6 |
10.8 |
8.8 |
6.6 |
6.3 |
EUR |
0.99 |
1.11 |
|
Luxembourg |
2.4 |
2.5 |
8.2 |
3.0 |
5.0 |
5.0 |
EUR |
0.99 |
1.11 |
|
Bulgaria |
2.7 |
2.8 |
13.5 |
7.3 |
5.0 |
4.9 |
BGN |
1.68 |
|
|
Belarus |
-5.8 |
-0.2 |
16.9 |
11.3 |
4.0 |
4.0 |
BYN |
2.79 |
|
|
Croatia |
4.1 |
3.3 |
7.2 |
3.6 |
6.8 |
6.4 |
EUR |
0.99 |
1.11 |
|
Lithuania |
1.9 |
2.6 |
15.7 |
6.0 |
7.1 |
7.2 |
EUR |
0.99 |
1.11 |
|
Slovenia |
4.9 |
2.4 |
8.0 |
5.0 |
4.1 |
4.0 |
EUR |
0.99 |
1.11 |
|
Serbia |
3.5 |
3.4 |
10.2 |
6.3 |
10.5 |
10.0 |
RSD |
120.7 |
|
|
Azerbaijan |
3.5 |
2.7 |
12.8 |
9.1 |
AZN |
1.69 |
|||
|
Latvia |
2.8 |
2.4 |
13.6 |
6.6 |
7.2 |
6.3 |
EUR |
0.99 |
1.11 |
|
Estonia |
1.5 |
2.3 |
14.7 |
6.3 |
6.5 |
6.8 |
EUR |
0.99 |
1.11 |
|
Cyprus |
2.9 |
3.2 |
7.0 |
3.1 |
7.0 |
6.4 |
EUR |
0.99 |
1.11 |
|
Iceland |
4.8 |
2.8 |
6.5 |
3.7 |
4.5 |
4.5 |
ISK |
145.9 |
|
|
Bosnia & Herz |
2.1 |
2.5 |
10.0 |
4.0 |
16.8 |
16.3 |
BAM |
2.02 |
|
|
Georgia |
4.1 |
5.4 |
GEL |
2.92 |
|||||
|
Albania |
3.2 |
3.4 |
6.1 |
3.5 |
11.2 |
11.0 |
ALL |
120.7 |
|
|
Malta |
5.4 |
4.6 |
5.5 |
3.3 |
3.3 |
3.4 |
EUR |
0.99 |
|
|
N. Macedonia |
1.9 |
2.8 |
11.0 |
6.0 |
15.0 |
14.5 |
MKD |
62.73 |
|
|
Armenia |
2.4 |
4.0 |
8.6 |
5.0 |
AMD |
416.5 |
|||
|
Moldova |
-0.4 |
2.9 |
25.0 |
13.0 |
3.5 |
3.5 |
MDL |
19.55 |
|
|
Kosovo |
3.6 |
3.9 |
8.5 |
4.3 |
24.3 |
23.8 |
EUR |
0.99 |
1.11 |
|
Montenegro |
3.6 |
4.2 |
10.0 |
4.0 |
15.3 |
14.8 |
EUR |
0.99 |
1.11 |
| Euro area |
2.6 |
1.4 |
7.4 |
3.9 |
6.9 |
6.8 |
EUR |
0.99 |
1.11 |
| European Union |
2.6 |
2.0 |
8.0 |
4.6 |
6.3 |
6.1 |
|||
| World |
3.0 |
2.8 |
6.5 |
4.9 |
|||||