EY Eurozone Forecast & Outlook June 2015

19 Jun 15

The EY Eurozone Forecast is a quarterly overview of developments across the Eurozone and the 18 individual member states.

Visit EY for more information about its programme.

The Eurozone economy has experienced an eventful few years. But due to a confluence of temporary and structural factors, it now seems to be in the early stages of a prolonged period of above-trend growth.

And importantly, it also seems likely that the recovery will become broader-based in the years ahead.

The main driver of the Q1 performance was households’ willingness to spend their energy windfall. In the second half of 2015, households will start to feel energy bills rising in line with world oil prices, taking a little steam out of consumer spending.

Furthermore, we expect a gradual pickup in the pace of investment spending through the second half of the year.

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