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Monthly updates on the state of the economy in Europe
The Euro Area economy is on a path towards recovery, with both business and consumer sentiment improving further in February. Inflation resumed its downward trend, but stickier services prices further complicate the ECB’s policy decision-making. In its March meeting, the bank left its main policy rate unchanged at an all-time high of 4 percent. Timelier data on negotiated wages growth may bring the ECB closer to cutting interest rates. But as the slowdown in wage growth was not as steep as expected, a June cut is now more likely. Looking ahead, we make only slight changes to our forecasts, expecting any recovery to be modest in 2024, while getting closer to its long-term growth trend in 2025.
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Economy Watch: European View (June 2024)
June 24, 2024
Economy Watch: European View (May 2024)
May 21, 2024
Economy Watch: European View (April 2024)
April 16, 2024
Economy Watch: European View (February 2024)
February 22, 2024
Economy Watch: European View (January 2024)
January 15, 2024
Economy Watch: European View (December 2023)
December 21, 2023
Charts
Preliminary PMI indices show no change in weak DM growth momentum in November
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How Might the World Fall Back into Recession?
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Passing increases downstream, cutting costs, and absorbing price increases into profit margins are the chief ways to manage rising input costs. Few see changing
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Downgraded global GDP forecast, but no recession expected
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US continues to lead global productivity race
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The Global Economic Fallout of the Ukraine Invasion
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The global supply chain disruption associated with the COVID-19 pandemic has resulted in production delays, shortages, and a spike in inflation in world.
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The Conference Board recently released its updated 2022 Global Economic Outlook.
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June 21, 2024
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PRESS RELEASE
LEI for the Global Economy Decreased in April and May
June 28, 2024
PRESS RELEASE
LEI for China Downshifted in May
June 26, 2024
PRESS RELEASE
US Consumer Confidence Weakens Slightly in June
June 25, 2024
PRESS RELEASE
LEI for India Rebounded in May
June 24, 2024
PRESS RELEASE
France Leading Economic Indicator
June 19, 2024
PRESS RELEASE
LEI for Australia Decreased in April
June 18, 2024
All release times displayed are Eastern Time
Global growth is expected to slow over the next decade relative to the prior ten years.
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China’s economic activity remained largely flat in May
June 27, 2024 | Report
Economy Watch: Emerging Markets View (June 2024)
June 24, 2024 | Brief
Economy Watch: European View (June 2024)
June 24, 2024 | Brief
Economy Watch: US View (June 2024)
June 24, 2024 | Brief
The Conference Board Economic Forecast for the US Economy
June 13, 2024 | Brief
June 13, 2024 | Brief
The Evolving Economic Outlook for Europe
July 10, 2024 11:00 AM ET (New York)
The Economic Outlook for Europe
July 12, 2023 11:00 AM ET (New York)
The Economic Outlook for India and MENA
June 14, 2023 11:00 AM ET (New York)
May 24, 2023 12:00 PM ET (New York)
May 17, 2023 11:00 AM ET (New York)
How Severe is the Banking Crisis?
April 12, 2023 11:00 AM ET (New York)
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