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Jul 23, 2021 · The indicative calendar for the Eurosystem’s regular tender operations includes only main refinancing operations (MROs) and three-month longer-term refinancing operations (LTROs). It does not include any supplementary or ad hoc operations which may be carried out in 2022. The calendar can be downloaded from the ECB’s website.
Individual countries' projections underling the Eurosystem staff macroeconomic projections for the euro area. The cut-off date for including the latest information in the projections was 24 May 2022. The cut-off date for the technical assumptions was 17 May 2022. Working day-adjusted data for the euro area and for most euro area countries.
Jun 9, 2022 · Compared with the March 2022 ECB staff projections, the outlook for growth has been revised down by 0.9 percentage points for 2022 and by 0.7 percentage points for 2023, mainly owing to the economic impacts of the war in Ukraine, while growth in 2024 has been revised up by 0.5 percentage points, reflecting a rebound in activity as headwinds fade.
Dec 15, 2022 · From ecb.europa.eu. The outlook for the euro area has deteriorated somewhat, with weaker growth and higher and more persistent inflation than envisaged in the September 2022 ECB staff macroeconomic projections.[ 1 ] Economic growth was stronger than previously expected over the summer owing to the boost to services activity from the reopening of the economy and from government support measures.
Overall, real GDP growth is projected to average 3.7% in 2022, 2.8% in 2023 and 1.6% in 2024. Compared with the December 2021 Eurosystem staff projections, the outlook for growth has been revised down by 0.5 percentage points for 2022 owing mainly to the impact of the Ukraine crisis on energy prices, confidence and trade.
Dec 15, 2022 · The December 2022 Eurosystem staff projections are at the upper end or above other forecasts for both GDP growth and inflation over the entire horizon. The Eurosystem staff projections for growth are slightly above the range of other forecasts for 2022 (possibly owing to the inclusion of the latest upward data revisions for the first three quarters of the year).
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Dec 15, 2022 · In particular, energy inflation will fall sharply in the course of 2023, contributing significantly to the decline in the headline inflation rate from 10% at the end of 2022 to 3.6% in the last quarter of 2023. [...] The expected decline from 4.2% in 2023 to 2.4% in 2025 follows the unwinding of upward impacts from supply bottlenecks and the ...
