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13th Jul 2023 17:48Eurozone, Weekly Monitor

  • The EZ goods trade deficit slid in May; advance data from China suggest it did so again in June...
  • ...But the tough start to the quarter means we still think the boost from net trade on GDP faded in Q2.
  • Germany’s China Strategy is nothing to fear yet, but highlights its commitment to cutting dependency.

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Keywords for: 17 July 2023 Eurozone Monitor

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