The European Regional Economic Outlook from the IMF, as part of WEO released on April 2024, is a must see and read (links below). Overall Europe is still struggling and in a complex crossroad with several major advanced economies with dismal growth forecasts for 2024 and 2025, namely Germany, France and Italy. The macro-environment is always something that has to be taken into consideration while looking at your Industry forecast, specially if your business is skewed to such markets. Inflation is still a challenge, and the monetary policy easing will most probably be slower than previously forecasted, private consumption is expecting to support growth and fiscally policy should be drag due to the withdrawal of support given in the major economies. https://www.imf.org/en/Publications/REO/EU/Issues/2024/04/05/regional-economic-outlook-europe-april-2024 https://www.youtube.com/live/3HNBS0MBB-M?si=F3GLS_TBFdKwoU9x
- Pedro
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