Barclays(US:BCS) Xin Hua Cai Jing·2025-05-19 11:44Group 1 - The European Commission indicates that the economic growth outlook for the Eurozone is facing downward risks due to trade tensions and climate-related disasters [1] - The Eurozone's GDP growth is projected to be only 0.9% this year, down from a previous forecast of 1.3% [1] - By 2026, the Eurozone's economic growth is expected to accelerate to 1.4%, but this is still below the earlier estimate of 1.6% [1] Group 2 - The first quarter GDP growth rate for the Eurozone was revised to 0.3%, below the expected 0.4% [2] - Industrial production in March saw a month-on-month increase of 2.6%, significantly higher than the economists' forecast of 1.1% [2] - The unemployment rate in the Eurozone is expected to decrease from 6.4% in 2024 to 6.3% in 2025, and further to 6.1% in 2026 [2] Group 3 - The European Commission forecasts that consumer inflation in the Eurozone will slow from 2.4% in 2024 to 2.1% in 2025, and further to 1.7% in 2026 [2] - Public debt as a percentage of GDP is expected to rise from 88.9% in 2024 to 89.9% in 2025, and to 91.0% in 2026 [2] - The overall budget deficit as a percentage of GDP is projected to increase from 3.1% in 2024 to 3.2% in 2025, and to 3.3% in 2026 [2] Group 4 - Barclays Bank maintains a cautious outlook on the Eurozone's growth prospects due to high current uncertainties and a lack of progress in tariff negotiations between the US and EU [3]