ECB survey shows growth slowdown and inflation rise

A survey conducted by the European Central Bank shows that economic growth in the Eurozone is slowing down in the third quarter of 2026, with growth expectations decreasing to 0.6% in 2026, 1.2% in 2027, and 1.3% in 2028. Inflation forecasts have been revised upward to 2.7% for 2026, 2.2% for 2027, and 2.0% for 2028. Additionally, unemployment rate projections have increased to 6.3% in 2026 and 2027, then decline to 6.2% in 2028 and 6.1% in the long term. Experts anticipate that inflation will be only mildly affected by the war in the Middle East, noting that inflation-related risks are concentrated in 2026.

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