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13th Nov 2023 21:17EurozoneDaily Monitor

  • The second estimate of Q3 GDP confirms it fell; we look for another decline in Q4 and a short recession.
  • Investor sentiment data suggest the tide will turn in Q1, in line with our forecast for a rebound in GDP.
  • Indeed, wage data suggest wage growth eased further at the start of Q4, but only marginally.

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Keywords for: 15 November 2023 Eurozone Monitor

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