Economy & Trade
ECB raises eurozone growth and inflation forecasts
The European Central Bank raised its eurozone growth and inflation forecasts for the coming years on Thursday, saying the economy remained resilient as the Middle East war continued.
The ECB now forecasts real GDP growth of 0.9% in 2026, up from 0.8% in its June forecast, and 1.4% in 2027, up from 1.2%. It kept its 2028 growth forecast unchanged at 1.5%.
The bank kept its 2026 inflation forecast at 3.0%, but raised its 2027 forecast to 2.5% from 2.3% and its 2028 forecast to 2.1% from 2.0%.
The ECB also projected private consumption growth of 1.0% in 2026, 1.0% in 2027 and 1.3% in 2028. It forecast government consumption growth of 1.9%, 1.1% and 1.3% for the same three years.
Investment was forecast to grow 1.8% in 2026, 2.0% in 2027 and 2.0% in 2028. Exports were projected to grow 2.1%, 3.2% and 2.9%, while imports were forecast to rise 2.6%, 3.0% and 2.9%.
Update
The ECB forecast real GDP growth of 1.5% in 2028, unchanged from its June projection.
The ECB forecast inflation of 2.1% in 2028, up from 2.0% in June.
The ECB published updated baseline projections for private consumption, government consumption, investment, exports and imports for 2026, 2027 and 2028.
The ECB projected exports to grow 2.1% in 2026, 3.2% in 2027 and 2.9% in 2028.
Source note: AFP news report published on 10 September 2026 at 15:07:27 UTC.
Update
The ECB raised its eurozone growth forecast for 2026 to 0.9% from 0.8%.
The ECB raised its eurozone growth forecast for 2027 to 1.4% from 1.2%.
The ECB maintained its 2026 inflation forecast at 3%.
The ECB raised its inflation projections slightly for 2027 and 2028.
Source note: AFP news report published on 10 September 2026 at 12:43:47 UTC.
Update
The ECB said the Middle East conflict continues to generate inflation pressures.
The ECB said inflation is set to remain well above target for an extended period.
Source note: AFP news report published on 10 September 2026 at 12:26:15 UTC.
Update
The European Central Bank raised its key interest rate to 2.5%.
The decision came as the Mideast war raised inflation concerns.
Source note: AFP news report published on 10 September 2026 at 12:18:39 UTC.
Uncertainty notes
The figures are forecasts, not final economic outcomes.
The supplied table gives baseline projections and does not describe alternative scenarios.
Source
AFP news report published on .