Macroeconomic projections

Eurosystem/ECB staff projections
Other projections

Eurosystem/ECB staff macroeconomic projections for the euro area

The macroeconomic projections cover the outlook for the euro area, in particular with regard to GDP and inflation.

The projections are published four times a year:

in March and September, when they are produced by ECB staff members;
in June and December, when they are produced jointly by euro area national central banks and ECB staff members.

In June and December a country breakdown is also published, two weeks after the euro area projections.

As of December 2016, the projection horizon in every December publication will be extended by one year.

7 September 2017: ECB staff macroeconomic projections for the euro area, September 2017
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Projection charts and tables
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8 June 2017: Eurosystem staff macroeconomic projections for the euro area, June 2017
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Projection charts and tables
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Eurosystem staff macroeconomic projections for the euro area countries, June 2017
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9 March 2017: ECB staff macroeconomic projections for the euro area, March 2017
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8 December 2016: Eurosystem staff macroeconomic projections for the euro area, December 2016
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Eurosystem staff macroeconomic projections for the euro area countries
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8 September 2016: ECB staff macroeconomic projections for the euro area, September 2016
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2 June 2016: Eurosystem staff macroeconomic projections for the euro area - June 2016
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Eurosystem staff macroeconomic projections for the euro area countries, June 2016
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10 March 2016: ECB staff macroeconomic projections for the euro area - March 2016
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3 December 2015: Eurosystem staff macroeconomic projections for the euro area
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3 September 2015: ECB staff macroeconomic projections for the euro area
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3 June 2015: Eurosystem staff macroeconomic projections for the euro area
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5 March 2015: ECB staff macroeconomic projections for the euro area, March 2015
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4 December 2014: Eurosystem staff macroeconomic projections for the euro area
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4 September 2014: ECB staff macroeconomic projections for the euro area
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5 June 2014: Eurosystem staff macroeconomic projections for the euro area
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6 March 2014: ECB staff macroeconomic projections for the euro area
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5 December 2013: Eurosystem staff macroeconomic projections for the euro area
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5 September 2013: ECB staff macroeconomic projections for the euro area
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6 June 2013: Eurosystem staff macroeconomic projections for the euro area
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7 March 2013: ECB staff macroeconomic projections for the euro area
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6 December 2012: Eurosystem staff macroeconomic projections for the euro area
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6 September 2012: ECB staff macroeconomic projections for the euro area
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6 June 2012: Eurosystem staff macroeconomic projections for the euro area
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8 March 2012: ECB staff macroeconomic projections for the euro area
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8 December 2011: Eurosystem staff macroeconomic projections for the euro area
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8 September 2011: ECB staff macroeconomic projections for the euro area
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9 June 2011: Eurosystem staff macroeconomic projections for the euro area
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3 March 2011: ECB staff macroeconomic projections for the euro area
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2 December 2010: Eurosystem staff macroeconomic projections for the euro area
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2 September 2010: ECB staff macroeconomic projections for the euro area
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10 June 2010: Eurosystem staff macroeconomic projections for the euro area
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4 March 2010: ECB staff macroeconomic projections for the euro area
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3 December 2009: Eurosystem staff macroeconomic projections for the euro area
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3 September 2009: ECB staff macroeconomic projections for the euro area
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4 June 2009: Eurosystem staff macroeconomic projections for the euro area
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5 March 2009: ECB staff macroeconomic projections for the euro area
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4 December 2008: Eurosystem staff macroeconomic projections for the euro area
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4 September 2008: ECB staff macroeconomic projections for the euro area
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5 June 2008: Eurosystem staff macroeconomic projections for the euro area
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6 March 2008: ECB staff macroeconomic projections for the euro area
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6 December 2007: Eurosystem staff macroeconomic projections for the euro area
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6 September 2007: ECB staff macroeconomic projections for the euro area
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6 June 2007: Eurosystem staff macroeconomic projections for the euro area
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8 March 2007: ECB staff macroeconomic projections for the euro area
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7 December 2006: Eurosystem staff macroeconomic projections for the euro area
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31 August 2006: ECB staff macroeconomic projections for the euro area
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8 June 2006: Eurosystem staff macroeconomic projections for the euro area
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2 March 2006: ECB staff macroeconomic projections for the euro area
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1 December 2005: Eurosystem staff macroeconomic projections for the euro area
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1 September 2005: ECB staff macroeconomic projections for the euro area
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2 June 2005: Eurosystem staff macroeconomic projections for the euro area
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3 March 2005: ECB staff macroeconomic projections for the euro area
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2 December 2004: Eurosystem staff macroeconomic projections for the euro area
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2 September 2004: ECB staff macroeconomic projections for the euro area
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3 June 2004: Eurosystem staff macroeconomic projections for the euro area
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Other projections by the national central banks of the ESCB

The national central banks (NCBs) of the ESCB prepare macroeconomic projections for their own country. These are not necessarily identical to those which underlie the Eurosystem and ECB staff macroeconomic projections for the euro area.

Austria: Oesterreichische Nationalbank
Belgium: National Bank of Belgium
Czech Republic: Česká národní banka
Estonia: Eesti Pank
Finland: Suomen Pankki
France: Banque de France
Germany: Deutsche Bundesbank
Latvia: Latvijas Banka
Lithuania: Lietuvos bankas
Malta: Central Bank of Malta
Netherland: De Nederlandsche Bank
Romania: Banca Naţională a României
Slovakia: Národná banka Slovenska
Slovenia: Banka Slovenije
Spain: Banco de España
Sweden: Sveriges Riksbank