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15th Nov 2022 16:14Eurozone, Daily Monitor

  • The second release of EZ Q3 GDP confirmed the downturn and a slowdown in productivity growth.
  • The nominal goods trade deficit narrowed in September; it will likely continue to do so in Q4.
  • Still, we think that net trade will contribute to a fall in GDP this quarter and next.

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deficit ez gdp net trade productivity q3 q3 gdp recession trade trade deficit

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Keywords for: 16 Nov 2022 Eurozone Monitor

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