S&P Global Ratings, Eurozone GDP at 0.7% this year. Most of this revision comes from a weaker carryover effect of 2023 GDP.
2025 GDP growth forecast has been revised downwards to 1.3% from 1.5%. The European economy remains on track for "improving activity and moderating employment growth", says Sylvain Broyer, chief economist of S&P Global ratings for the EMEA area. But uncertainty over productivity trends could mean that the growth rebound is weaker than expected, he adds.