After a prolonged period of stagnation, the EU economy is returning to modest growth, while the disinflation process continues.
The European Commission’s Autumn Forecast projects GDP growth in 2024 at 0.9 per cent in the EU and 0.8 per cent in the euro area.
Economic activity is projected to accelerate to 1.5 per cent in the EU and to 1.3 per cent in the euro area in 2025.