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15th Nov 2023 18:47EurozoneDaily Monitor

  • Real rates in the EZ are now rising, even as the ECB stops hiking; we still see room for easing in Q1.
  • The private sector’s interest rate costs will rise in 2024, even if the ECB holds or even eases slightly.
  • Core inflation in France is now falling, EZ industry is still in recession, and EZ net trade likely rose in Q3.

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Keywords for: 16 November 2023 Eurozone Monitor

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