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Below is a list of our Eurozone Publications for the last 6 months. If you are looking for reports older than 6 months please email firstname.lastname@example.org, or contact your account rep
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EZ GDP data beat expectations in Q2, which will drive upward revisions to 2021 forecasts.
We now expect full-year GDP growth in the Euro- zone of 5.0% in 2021, up from 4.5% previously.
Ignore the July dip in euro area core inflation; it will leap to 1.5% in August.
The PMIs point to a sustained, and strong, expan- sion in EZ economic activity at the start of Q3.
The renewed surge in virus cases is a threat to the lofty consensus Q3 forecast.
The EZ budget deficit remained wide in Q1, but it will come down as the economy recovers.
We last set our outlook for the Italian economy at the end of May—see here—and in this Monitor, we take stock of what has changed since. In preview; it's good news.
Judging by the questions we're receiving from
readers, and reports in the financial news, the outcome
of the ECB's strategic policy review is now starting to occupy investors' minds.
We recently wrote about the prospects of a reopening leap in core inflation—see here—as the restrictions are eased.
The evidence continues to support our own and consensus forecasts that the euro area economy is roaring back to life in the second quarter.
For forecasters, including us, pinning their hopes on
a reopening-rebound in EZ Q2 GDP , chiefly thanks to rising consumers' spending, Friday's data were a slap in the face.
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