Spring 2018 Economic Forecast: Expansion to continue, amid new risks

Growth rates for the EU and the euro area beat expectations in 2017 to reach a 10-year high at 2.4%. Growth is set to remain strong in 2018 and ease only slightly in 2019, with growth of 2.3% and 2.0% respectively in both the EU and the euro area.

Video: Spring Economic Forecast 2018

Economic forecast documents

Economic forecast by country

EU Member States
Austria	Germany	Poland
Belgium	Greece	Portugal
Bulgaria	Hungary	Romania
Croatia	Ireland	Slovakia
Cyprus	Italy	Slovenia
The Czech Republic	Latvia	Spain
Denmark	Lithuania	Sweden
Estonia	Luxembourg	The United Kingdom
Finland	Malta
France	The Netherlands

Candidate Countries	Other Non-EU Countries
Albania	EFTA
The former Yugoslav Republic of Macedonia	China
Montenegro	Japan
Serbia	Russia
Turkey	USA

Economic forecast thematic boxes

Has inflation become more ‘global’?

English (347.9 KB - PDF)

Residential construction

English (201.9 KB - PDF)

Drivers of the euro area recovery - evidence from an estimated model

English (196.6 KB - PDF)

Some technical elements behind the forecast

English (171.4 KB - PDF)

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