Pantheon Macroeconomics - Economic survey data this week will give the first clear evidence on whether recent market volatility has dented Eurozone confidence. The key business and consumer surveys dipped in January, and we now expect further declines, starting with today's PMI data. We think the composite index fell slightly to 53.0 in February from 53.6 in January.

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22 Feb. 2016 Survey Data Will Weaken in Q1, But Won't Signal a Major Downturn

By Claus Vistesen

Economic survey data this week will give the first clear evidence on whether recent market volatility has dented Eurozone confidence. The key business and consumer surveys dipped in January, and we now expect further declines, starting with today's PMI data. We think the composite index fell slightly to 53.0 in February from 53.6 in January.

Posted: 22nd Feb 2016 in 'Eurozone Documents'

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