Business

EU Adjusts Economic Forecasts Amid Stagflationary Concerns

Updated 2026-05-18 15:05 UTC 1 source Negative

The European Commission is set to lower economic growth forecasts and raise inflation estimates due to the Iran conflict, signaling a potential stagflationary shock.

Coverage timeline — 1 article
CNBC
The commission's forthcoming spring forecast, released later this week, will see economic growth figures adjusted down and inflation figures up.
2026-05-18 14:50 UTC
Share: Twitter / X LinkedIn