The forecast anticipates widespread surpluses throughout much of the United Kingdom and Ireland as well as Continental Europe. Deficits are expected in Eastern Europe and the Balkans.
Europe: Surpluses expected throughout W, N Europe
Europe: Deficits persist in E Europe, Balkans
Europe: Deficits intensify in Eastern Europe
The 12-month forecast ending in May 2024 anticipates that while many regions of European countries will observe near-normal conditions, much of eastern European countries can expect deficits ranging from moderate to extreme intensity. Small areas of surplus are also expected to occur in southern and northern Europe.