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  "documentTitle": "ey global economic outlook july 2023",
  "authorId": "MorganStanley",
  "authorName": "EY Parthenon",
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      "kind": "callout",
      "text": "The euro area economy has been slowing since mid-2022 and stagnated in recent quarters.",
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      "text": "Euro area real GDP (index, 2019 Q4 = 100) 2015-25F",
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      "text": "Euro area inflation (y/y) 2015-25F",
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      "kind": "disclaimer",
      "text": "Source: Eurostat; ECB; EY analysis",
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      "text": "The euro area economy has been slowing since mid-2022... Economic activity is expected to gradually rebound... Euro area inflation fell from its peak... We anticipate that inflation will reach the ECB target...",
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      "text": "GDP growth: 0.7%",
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      "text": "Following stagnation, the euro area economy will likely rebound in H2 2023 on the back of easing inflation, but the ECB may remain hawkish due to sticky core inflation",
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      "text": "EU outlook",
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