Pantheon Macroeconomics

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20th Apr 2023 14:25Eurozone, Daily Monitor

  • The end of the terms of trade shock in energy has supported net nominal goods trade recently...
  • ...Rising oil prices pose a risk to the downtrend in nominal energy imports; this doesn’t matter for GDP.
  • We continue to expect net trade to provide a boost to GDP growth throughout this year.

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Keywords for: 21 Apr 2023 Eurozone Monitor

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