Economists Cut Euro-Area 2026 Growth Forecast to 0.5% as Iran War Weighs
Updated
Updated · Bloomberg · Jul 13
Economists Cut Euro-Area 2026 Growth Forecast to 0.5% as Iran War Weighs
3 articles · Updated · Bloomberg · Jul 13
Summary
A Bloomberg poll of 56 economists cut the euro-area 2026 growth outlook to 0.5%, down from 0.7% expected last month.
Resumed hostilities in the Middle East, centered on the Iran war, drove the downgrade as analysts judged the conflict would weigh on the region's economy.
The new median forecast also sits below the European Central Bank's 0.8% baseline, signaling private-sector economists see a weaker path than policymakers do.