Pantheon Macroeconomics

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12th May 2023 15:02Eurozone, Daily Monitor

  • EZ manufacturing output fell in Q1, warning of a downward revision in today’s second GDP report.
  • Leading indicators for euro area investment are clear and grim; a downturn is now underway.
  • We see investment falling outright this year, in stark contrast to the Commission’s new Spring forecasts.

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Keywords for: 16 May 2023 Eurozone Monitor

euro, euro area, manufacturing, manufacturing output, May, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence