Eurozone Economic Outlook

Content

“Euro-Zone Economic Outlook” is a publication produced in collaboration between the ifo Institute in Munich, Istat in Rome and the KOF Swiss Economic Institute in Zurich. The goal of the project is to produce estimations (for the previous quarter) and short-term forecasts (for current and the following quarter) for real GDP, consumption, industrial production and inflation in the euro-zone. The forecasts are distributed in the form of a two-page press release on the day that Eurostat publishes its second release of quarterly national accounts.

The estimations and forecasts are based on the exploitation of the information collected by the institutes from surveys of entrepreneurs and households. It incorporate econometric models and assessment techniques. In future, the three institutes intend to extend the publication progressively to other components of the demand side, such as private investment and trade exchanges.

Methodology

The forecast is primarily based on econometric forecasting procedures. However, personal assessments by project team members and other staff working in business cycle analysis and international financial markets also play an important role.

Data Sources

The survey results of the ifo Business Survey and the World Economic Survey (WES), OECD and Eurostat publications, as well as other national and international sources.

Results

The results are available online in the form of a two-page press release and are also sent out via email.

Publications on the Project

The results can be downloaded from the Website: Current Eurozone Economic Outlook.