KPMG – European Economic Outlook, Spring 2025

The main theme of the report is the economic forecast for Europe in spring 2025.

Key findings include a mixed growth outlook for Europe, with moderate GDP growth in the eurozone at around 0.9% in 2025 and 1.1% in 2026. The economic picture is uneven, with variations in economic performance across the continent. Spain stands out as a success story due to resilient domestic demand and EU-funded investments. Central and Eastern European countries continue to grow above average due to strong domestic demand and EU support. Inflation is expected to decrease, and there may be a potential rate cut by the European Central Bank in the second half of 2025.