Eurozone Economic Outlook
The Eurozone Economic Outlook (EZEO) is a joint project of the Italian Bureau of Statistics (external pageISTATcall_made), the German external pageifo Institute at Munichcall_made, and the KOF Swiss Economic Institute. The KOF became a member of the EZEO group in September 2017; it replaces the French Bureau of Statistics (INSEE) which has been a collaborator since the foundation of the EZEO in 2004.
The EZEO produces a joint forecast for real gross domestic product, consumption of private households, gross fixed capital formation (investment), industrial production and the inflation rate in the euro zone for the current and the two following quarters.
The estimates and forecasts are based on a large set of leading indicators and projection methods. The EZEO is published at the end of each quarter, about two weeks after the first release of GDP and its main aggregates by Eurostat.
News
Euro Area Poised for Recovery
The euro area is poised to begin its economic recovery. In the first quarter, economic output is expected to have fallen by a further 0.4 percent compared with the previous quarter, when it shrank by 0.7 percent. This is the consensus of three research institutes: ifo in Munich, KOF in Zurich, and Istat in Rome. The second quarter is expected to see growth of 1.5 percent over the first quarter, followed by 2.2 percent in the third.
Contact
KOF Konjunkturforschungsstelle
Leonhardstrasse 21
8092
Zürich
Switzerland