The Economist – Europe outlook, 2024

The text introduces EIU as a division of The Economist Group providing intelligence for various sectors since 1946.

They offer services such as country analysis, risk analysis, industry analysis, and custom briefings. The focus on Europe in 2024 includes constrained growth due to inflation and interest rates, but improvements are expected in the second half of the year. Political fragmentation and public frustration with governance are highlighted as key trends. The energy sector will see disruptions from decarbonization efforts and investment in electric vehicles, but de-risking from China may fall short. Overall, Europe is expected to experience sedate growth with modest expansion in domestic demand, influenced by tight monetary policy and a subdued external environment. Different European economies will have varying performances, with Germany and eastern European economies expected to stage a modest recovery. Inflation is projected to recede but remain above the long-term average, with potential risks of acceleration due to global demand and commodity price increases.