The forecast anticipates surplus anomalies to intensify in western and eastern Europe, as well as in the United Kingdom and Ireland. In southern Europe, exceptional deficits are expected to continue, intensifying in some regions of Spain and Italy.
Europe: Surpluses expected in Continental Europe, UK, and Ireland
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.