Pantheon Macroeconomics
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18th Aug 2022 12:49Eurozone, Daily Monitor
Eurozone inflation hit a new record in July, and it will rise to more than 9% by September.
Ms. Schnabel all but confirms that the ECB will hike its deposit and refi rates by 50bp in September.
Construction in the EZ is rolling over after a strong start to the year; more weakness is likely in Q3.
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