The European Commission released new forecasts on 7 February, downgrading its forecasts for 2019 Eurozone growth from 1.9% at the time of its previous November forecast to 1.3%. This reflects weakening growth prospects in Germany and Italy, in particular.
EC forecasts for European economies from Feb’19; EC forecasts for other economies from Nov’18
Sources: IMF Jan’19 WEO update; EC Winter’19 forecast; OECD Economic Outlook Nov’18
Read Full News Story » UK Economic Indicators January 2019