Economic and Monetary Developments – Autumn 2025
The quarterly report assesses current economic and monetary developments and provides economic projections for the medium term.
- US-EU tariff agreement dampens trade policy uncertainty
- The economy expected barely to grow in the near-term with new headwinds ahead
- Negative trends in the labour market still in place
- The increase in projected inflation stems from regulated energy price increases
- Consolidation measures should bring deficit to government target