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29th Nov 2023 21:17Eurozone, Daily Monitor

  • EZ inflation fell sharply in November, widening the gap between the reality and the ECB’s forecasts.
  • January HICP is key for the 2024 inflation outlook; we look for a return to normal in m/m pricing.
  • The ECB’s hawkish facade will soon crack; look out for a shift in messaging at the December meeting.

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Keywords for: 1 December 2023 Eurozone Monitor

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