Persistently high geopolitical and policy uncertainty is expected to weigh on euro area economic growth, slowing down the anticipated recovery. This follows slightly weaker than expected growth at the end of 2024. Both domestic and trade policy uncertainty are high. Although the baseline...

Persistently high geopolitical and policy uncertainty is expected to weigh on euro area economic growth, slowing down the anticipated recovery. This follows slightly weaker than expected growth at the end of 2024. Both domestic and trade policy uncertainty are high. Although the baseline...

Trade tariffs and related uncertainty contributed to strong fluctuations in economic activity during the first half of 2025, with frontloading of activity, especially in Ireland. The unwinding of these factors in the second half of the year is expected to entail further volatility, blurring...

Trade tariffs and related uncertainty contributed to strong fluctuations in economic activity during the first half of 2025, with frontloading of activity, especially in Ireland. The unwinding of these factors in the second half of the year is expected to entail further volatility, blurring...

In the ECB's Survey of Professional Forecasters (SPF) for the first quarter of 2025, expectations for headline HICP inflation were revised upwards for 2025 from the previous survey (conducted in the fourth quarter of 2024) and were largely unchanged thereafter. At the same time, core inflation...

In the ECB's Survey of Professional Forecasters (SPF) for the first quarter of 2025, expectations for headline HICP inflation were revised upwards for 2025 from the previous survey (conducted in the fourth quarter of 2024) and were largely unchanged thereafter. At the same time, core inflation...

In the ECB's Survey of Professional Forecasters (SPF) for the fourth quarter of 2025, expectations for headline HICP inflation were revised slightly upwards for 2025 but remained unchanged for 2026, 2027 and the longer term. Expectations for core inflation expectations, as measured by the HICP...

In the ECB's Survey of Professional Forecasters (SPF) for the fourth quarter of 2025, expectations for headline HICP inflation were revised slightly upwards for 2025 but remained unchanged for 2026, 2027 and the longer term. Expectations for core inflation expectations, as measured by the HICP...

In the ECB's Survey of Professional Forecasters (SPF) for the second quarter of 2025,1expectations for headline HICP inflation were revised slightly upwards for 2025 and 2026 but remained unchanged for 2027 and the longer-term. At the same time, core inflation expectations, as measured by the...