European Economic Forecast Spring 2026
The virtual closure of the Strait of Hormuz has curtailed seaborne flows of oil and LNG by around 15% and 20% respectively.
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The virtual closure of the Strait of Hormuz has curtailed seaborne flows of oil and LNG by around 15% and 20% respectively.
US effective import tariff rates rose from 2.4% in 2024 to around 17.9% by October 2025.
Real GDP is projected to grow by 1.4% in the EU in 2025 and 2026, edging up to 1.5% in 2027.
In 2024 the EU media market generated approximately EUR 158 billion in revenues, a 6% growth from 2022, mostly driven by streaming.
Member States are collectively committing to 1 910 measures with a total investment of EUR 288.6 billion, of which EUR 205.1 billion comes from public budgets.
Real GDP growth in 2025 is projected at 1.1% in the EU and 0.9% in the euro area, rising to 1.5% and 1.4% in 2026.
The Education and Training Monitor comprises a comparative report, 27 country reports and an online toolbox, tracking progress towards seven EU-level targets.
The OECD-FAO outlook underpinning the report depicts a 7% increase in calorie intake in middle-income countries and a 4% increase in low-income countries.
EU usable cereal production in 2011/2012 is expected to remain largely unchanged at around 275 million tonnes, as an area decrease of 1.1% is met by a 1.0% increase in yields.