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Economy and Finance

European Economic Forecast. Autumn 2023


Institutional Paper 258
Publication date
15 November 2023
Directorate-General for Economic and Financial Affairs


The European economy has lost momentum this year against the background of a high cost of living, weak external demand and monetary tightening. While economic activity is expected to gradually recover going forward, the European Commission’s Autumn Forecast revises EU GDP growth down compared to its summer projections. Inflation is estimated to have dropped to a two-year low in the euro area in October and is set to continue declining over the forecast horizon. 

Information and identifiers

Institutional Paper 258. November 2023. Brussels. PDF 224 pp. Tab. Graph. Bibliogr. Free.

KC-BC-23-065-EN-N (online)
ISBN 978-92-68-04233-5 (online)
ISSN 2443-8014 (online)
doi:10.2765/325116 (online)

JEL classification: -


European Economy Institutional Papers are important reports analysing the economic situation and economic developments prepared by the European Commission's Directorate-General for Economic and Financial Affairs, which serve to underpin economic policy-making by the European Commission, the Council of the European Union and the European Parliament. Views expressed in unofficial documents do not necessarily represent the views of the European Commission.

European Economic Forecast. Autumn 2023


15 NOVEMBER 2023
European Economic Forecast. Autumn 2023