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Europe Daily Bulletin No. 10326

2 March 2011
GENERAL NEWS / (eu) eu/economy
Growth and inflation forecasts revised upwards for 2011

Brussels, 01/03/2011 (Agence Europe) - In 2011, growth and inflation are expected to grow faster than forecast, according to the interim economic forecasts published by the European Commission on 1st March 2011. Growth is expected to reach 1.8% in the EU27 and 1.6% in the eurozone, 1% higher than predicted in November 2010 (see EUROPE 10266). As a result of the hike in fuel and commodity prices, it is forecast that inflation will reach 2.5% in the EU27 and 2.2% in the eurozone, 0.4% higher...

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