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1st Dec 2022 15:37Eurozone, Daily Monitor

Consumption propelled Italian economic growth in Q2 and Q3 but it will drag GDP down in Q4 and Q1.

We now look for a worse, albeit still shallow, recession in Italy over the coming quarters.

Swiss November inflation data support our call for just one more rate rise in the SNB’s hiking cycle.

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economic growth gdp growth inflation italy November q2 q3 q4 recession

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Keywords for: 2 Dec 2022 Eurozone Monitor

economic growth, gdp, growth, inflation, italy, November, q2, q3, q4, recession, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence