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14th Jan 2024 21:08EurozoneDaily Monitor

  • German GDP fell by 0.1% in 2023, which—according to Destatis—includes a 0.3% decline in Q4.
  • Manufacturing in the euro area remained in recession in Q4, but net trade in goods jumped.
  • We think EZ GDP fell by 0.2% quarter-to-quarter in Q4, due to broad-based domestic weakness.

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Keywords for: 16 January 2024 Eurozone Monitor

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