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05 November 2015

European Commission: Autumn forecast points to moderate recovery

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The economic recovery should continue at a modest pace next year despite more challenging conditions in the global economy, according to the 2015 Autumn Economic Forecast of the European Commission.

Against a backdrop of declining oil prices and a relatively weak external value of the euro, the economic recovery this year has been resilient and widespread across Member States. But it has, however, remained slow.

Overall, euro area real GDP is forecast to grow by 1.6% in 2015, rising to 1.8% in 2016 and 1.9% in 2017. For the EU as a whole, real GDP is expected to rise from 1.9% this year to 2.0% in 2016 and 2.1% in 2017.

European Economic Forecast: Autumn 2015

Full Press release

Presentation my Commissioner Moscovici

© European Commission

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