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Euro area inflation to ease further in coming years – OECD
Aya El Sayed Published in Amwal Al Ghad on 04 - 12 - 2024

Euro area inflation is projected to ease from 5.4 per cent in 2023 to 2.4 per cent in 2024, according to the OECD's latest Economic Outlook released on Wednesday.
Inflation is expected to further decline to 2.1 per cent in 2025 and reach 2 per cent in 2026, aligning with the European Central Bank's (ECB) target.
Meanwhile, GDP growth in the euro area is forecast to improve, rising from 0.5 per cent in 2023 to 0.8 per cent in 2024, with further increases to 1.3 per cent in 2025 and 1.5 per cent in 2026, signalling gradual economic recovery.
Attribution: OECD
Subediting: Y.Yasser
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