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17th Apr 2024 17:42Eurozone, Daily Monitor

  • EZ construction rose in February, but less so than implied by the advance data; seasonals to blame?
  • Either way, construction was a boost to EZ GDP in Q1, and it suggests risks are tilted to the upside.
  • The EZ current account surplus dipped in February and will fall further; portfolio inflows remain robust.

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Keywords for: 19 April 2024 Eurozone Monitor

Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence