Pantheon Macroeconomics

Best viewed on a device with a bigger screen...

12th Sep 2023 20:18Eurozone, Daily Monitor

  •  The PMIs are one of the best leading indicators for GDP in the EZ, but beware the post-Covid seasonals.
  • Our analysis suggests a structural break in the seasonal adjustment of services since 2021.
  • If we're right, the services PMIs will tend to be biased to the upside in Q2, but down in Q3.

This publication is only available to Eurozone (Monitor) subscribers

Related Publications

No results...

Are you taking full advantage of our daily publications?

Pantheon Macroeconomics produce daily publications for U.S., Eurozone, Latin America, UK and Asia, as well as analysis on key data within a few minutes of their release.

U.S. Economic Research
Eurozone Economic Research
Latin America Economic Research
UK Economic Research
Asia Economic Research

Sign up for your complimentary trial

To start your complimentary trial, highlight the areas you are interested in subcribing to and click next.

United States


United Kingdom

China +

Emerging Asia

Latin America


Consistently Right
Access Key Enabled Navigation
Keywords for: 14 September 2023 Eurozone Monitor

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