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9th Mar 2026 17:40EurozoneDaily Monitor
  • German hard data were mixed in early Q1; industry and retail sales weakened, but net trade jumped.
  • Surveys point to strength in manufacturing in Q1, despite January declines in new orders and output.
  • The increase in German construction output in January looks odd; we think it will be revised away.

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Keywords for: 11 March 2026 Eurozone Monitor

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