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🍁 Autumn

🍂 GDP is expected to grow in the EU by 3.3% in 2022
🍂 Inflation expected to peak at the end of this year at 9.3% in the EU and then gradually decline
🍂 Deficit expected to decline to 3.4% of GDP this year
🍂 Labour market remains strong

🐦🔗: nitter.eu/ecfin/status/1591020

"We are approaching the end of a year in which Russia has cast the dark shadow of war across our continent once again. The EU economy has shown great resilience to the shockwaves this has caused".

Commissioner @PaoloGentiloni on 🍁Autumn
ℹ️ europa.eu/!JcQFgM

🐦🔗: nitter.eu/ecfin/status/1591015

Autumn🍁 : Inflation is expected to peak year-end, lifting projection to 9.3% in the 🇪🇺 EU and 8.5% in the 💶 euro area.

Inflation is expected to decline in 2023, but to remain high at 7.0% in the EU, before moderating to 3.0% in 2024.
ℹ️ europa.eu/!JcQFgM

🐦🔗: nitter.eu/ecfin/status/1591014

🍁 Autumn : Low growth, high inflation and energy-support measures weigh on deficits

Deficit in the EU is forecast to decline to 3.4% of GDP this year.
In 2023, the aggregate government deficit is set to slightly increase. europa.eu/!JcQFgM

🐦🔗: nitter.eu/ecfin/status/1591012

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