Pantheon Macroeconomics

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16th Dec 2022 16:15Eurozone, Weekly Monitor

  • Core inflation data will allow the ECB to raise rates to 3.5% by June, but the tune will change in H2-23.
  • PMI data confirm the greenshoots seen in November, but still point to GDP falling sharply in Q4.
  • EZ energy imports plunged in October, but we can’t assume this is the start of a more sustained fall.

core inflation core inflation data ECB energy imports

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Keywords for: 19 Dec 2022 Eurozone Monitor

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