Growth in the euro area economy is robust, but the outlook is overshadowed by production bottlenecks and the possibility of new coronavirus variants. Monetary policy will maintain favourable financing conditions for a sufficiently long period for the economy to continue its recovery.
Inflation expectations play a key role in inflation projections. Different measures of inflation expectations point towards inflation remaining below the ECB's 2% target in the coming years.
This website saves on your device small data files known as cookies. These are divided into essential cookies and statistical ones. Essential cookies are always operational, as they allow use of the site and ensure data security.
The site does not use any cookies that identify the user.
Select ‘Approve cookies’ or click ‘Edit cookie settings’, read the additional information and tailor the cookies to your preferences.
Functional cookies
Essential cookies enable the website’s data security and basic functions such as navigating around the site and the search function. Essential cookies do not gather any data that can identify a user of the site.
Statistical cookies
Statistical enhancement cookies help us develop the site to meet users’ needs. They gather data on e.g. users’ terminals, site visits and time spent on the site. Statistical cookies do not gather any data that can identify the user.
