{"id":54630,"date":"2021-11-11T15:06:29","date_gmt":"2021-11-11T11:06:29","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=54630"},"modified":"2021-11-11T15:06:31","modified_gmt":"2021-11-11T11:06:31","slug":"eu-commission-sees-eurozone-inflation-at-2-4-in-2021","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/eu-commission-sees-eurozone-inflation-at-2-4-in-2021\/11\/11\/market-updates\/","title":{"rendered":"EU Commission Sees Eurozone Inflation at 2.4% in 2021"},"content":{"rendered":"\n<p>The European Commission expects the eurozone economy to grow by 5% in 2021, 4.3% in 2022, and 2.5% in 2023.<\/p>\n\n\n\n<p>According to the Commission, the labor market in the euro area is witnessing a remarkable improvement with the creation of 1.5 million new jobs, and the labor market will complete the journey of recovery in 2022.<\/p>\n\n\n\n<p>The Commission believes that higher energy prices are putting pressure on personal spending and investment<\/p>\n\n\n\n<p>It is also expected that the current account surplus in the euro area would rise to 3.2% in 2023 from 2.7% in 2020<\/p>\n\n\n\n<p><\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>&#8220;EU Commission raises eurozone GDP growth forecast for 2021 to 5.0% from 4.3%, expects 4.3% growth in 2022, 2.4% in 2023.&#8221;<\/p><p>&#8220;EU Commission forecasts eurozone aggregate budget deficit at 7.1% of GDP in 2021, 3.9% in 2022, 2.4% in 2023.&#8221;<\/p><p>&#8220;EU Commission forecasts eurozone aggregate public debt at 100% of GDP in 2021, 97.9% in 2022, 97.0% in 2023.&#8221;<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>The European Commission expects the eurozone economy to grow by 5% in 2021, 4.3% in 2022, and 2.5% in 2023. According to the Commission, the labor market in the euro area is witnessing a remarkable improvement with the creation of 1.5 million new jobs, and the labor market will complete the journey of recovery in &hellip;<\/p>\n","protected":false},"author":9,"featured_media":30787,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[6941,6917],"class_list":["post-54630","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-commission","tag-eu"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/54630","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=54630"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/54630\/revisions"}],"predecessor-version":[{"id":54631,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/54630\/revisions\/54631"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/30787"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=54630"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=54630"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=54630"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}