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10 matches for " hicp rate":
Friday's data added further colour to the September CPI data for the Eurozone.
Leading economic indicators in the Eurozone continue to send contradictory signals. Most of the headline surveys indicate that a further slowdown, and perhaps even recession, are imminent, while the money supply data suggest that GDP growth is about to re-accelerate.
Data yesterday showed that German inflation roared higher at the start of the year, but the devil is in the detail.
Data while we were away have intensified fears that the global, and by extension EZ, economy is slipping into recession.
Manufacturing in the EZ was held above water by Ireland at the end of Q3.
We've already raised a red flag for today's second Q4 GDP estimate in the Eurozone, but for good measure, we repeat the argument here.
Yesterday's detailed CPI data in Germany and France broadly confirmed the message from the advance data in the Eurozone as a whole.
The ECB disappointed slightly on the big headlines in yesterday's policy announcements, but it delivered shock and awe with the details
German inflation data are more noise than signal at the moment.
Friday's economic data added to the evidence of a Q1 rebound in EZ consumption growth.
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