Adrian Page

Oct 31, 2024 | ecb.europa.eu | Adrian Page

Published as part of the ECB Economic Bulletin, Issue 7/2024. In the post-pandemic period, Eurosystem/ECB staff projections for growth have performed well over short horizons, despite the large shocks that have occurred. While the performance of inflation projections since the start of the pandemic has been extensively documented in previous issues of the Economic Bulletin, this box looks at how the Eurosystem/ECB staff projections for real GDP growth have fared during this turbulent period.

Mar 21, 2024 | ecb.europa.eu | Martinez Hernandez |Catalina Hernandez |Mohammed Chahad |Adrian Page

Published as part of the ECB Economic Bulletin, Issue 2/2024. Forecasting inflation has been extremely challenging in recent years given the large shocks hitting the euro area economy. The extraordinary series of shocks seen post-2019 – including the coronavirus (COVID-19) pandemic and Russia’s war against Ukraine – led to a surge in inflation.