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European Commission raises forecast for US GDP growth in 2023
Finance
- 15 May, 2023
- 09:24
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The European Commission has raised its forecast for US economic growth in 2023 to 1.4% from the previously forecasted 0.7%, Report informs.
In 2024, the EC expects the US economy to grow by 1%, earlier in the fall it was predicted to grow by 1.7%.
In addition, the European Commission expects inflation in the country in 2023 at 4.3%, and in 2024 at 2.6%. Previously, inflation was forecast at 3.4% in 2023 and 2.3% in 2024.
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