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Percentage change in selected key economic indicators compared with forecasts before the Iran War for the Euro Area for 2026

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Source

Release date

March 2026

Region

EU

Survey time period

2026

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Economic impact of the Iran War on the Eurozone 2026

Published by D. Clark, Apr 2, 2026

The Euro Area's economic growth for 2026 has been cut by 0.4 percent from previous forecasts made before the start of the Iran War. In addition, headline inflation is anticipated to be 0.7 percent higher than expected, largely driven by rising energy costs, although core inflation (inflation less food and energy) will also be slightly higher than initally thought. 

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