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5th Dec 2023 20:08EurozoneDaily Monitor

  • Italian GDP increased in Q3 rather than flat-lined, as the advance release had suggested...
  • ...It is still more likely to fall than rise in Q4, and we are lowering our forecasts for H1 2024.
  • BTPs are rallying, and we look for further gains; we see yields falling to just over 3% by mid 2024.

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Keywords for: 7 December 2023 Eurozone Monitor

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