The ECB has released their forecasts for a bunch of stuff. Here are the highlights:
- 2015 Private consumption at 1.4% vs. 1.5%
- 2016. Private consumption at 1.6%, unchanged from the prior estimate
- 2014 Government Consumption, at 0.7% vs. 0.4%
- 2015 Government Consumption, at 0.4%, unchanged from prior estimate
- 2016 Government Consumption also estimated to increase by 0.4%, unchanged from the prior estimate
- 2014 Investment has been lowered to 1.1% from 1.7%
- 2015 Investment remains unchanged at 3.1%
- 2016 Investment has been increased to 3.9% from prior estimate of 3.5%
- Sees 2014 Exports increasing by 3.1%and imports rising by 3.5%
- In 2015, sees Exports rising by 4.5% and Imports increasing by 4.5% as well
- Sees 2014 unemployment falling to 11.6% from 11.8%. In 2015 it expects unemployment to decline further to 11.2% vs. prior estimate of 11.5%. Finally, in 2016 sees the unemployment rate falling to 10.8% vs. 11% previously
