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Business

ECB raises 2015 inflation, trims 2017 growth forecasts

Published: 03 Jun 2015 - 05:53 pm | Last Updated: 13 Jan 2022 - 03:18 pm


Frankfurt--The European Central Bank on Wednesday increased its forecast for inflation in the eurozone this year, but trimmed back the outlook for growth in the region for 2017.

The following is a table of all of the ECB's projections, which it releases each quarter. The previous quarter's forecasts are given in brackets.

The figures are expressed as percentage changes, and all are positive unless indicated otherwise.

2015 2016 2017

Inflation 0.3 (0.0) 1.5 (1.5) 1.8 (1.8)

Real GDP growth 1.5 (1.5) 1.9 (1.9) 2.0 (2.1)

- Private consumption 1.9 (1.8) 1.6 (1.6) 1.6 (1.6)

- Government consumption 0.7 (1.0) 0.7 (0.6) 0.8 (0.8)

- Investment 1.9 (1.7) 3.5 (4.1) 3.9 (4.6)

- Exports 4.2 (4.1) 5.4 (5.1) 5.6 (5.5)

- Imports 4.8 (4.3) 5.8 (5.5) 5.9 (5.8)

AFP