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15th Aug 2023 20:23Eurozone, Daily Monitor

  • EZ GDP growth bounced back in Q2, but this is not the beginning of a sustained rebound.
  • Employment growth in the EZ slowed in Q2 but remains consistent with a solid labour market.
  • We still look on the bright side of the Phillips Curve; inflation will fall with unchanged unemployment.

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Keywords for: 17 August 2023 Eurozone Monitor

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