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20th Dec 2023 18:16Eurozone, Daily Monitor

  • German consumer confidence is on the rise but risks to our consumption call remain to the downside.  
  • The EZ current account surplus climbed in October; the trend in the euro suggests it will decline soon.  
  • EZ construction started Q4 on a rough note, and all signs point to the struggle stretching into 2024.

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Keywords for: 21 December 2023 Eurozone Monitor German Consumers Still Refusing to Spend; Construction Struggling

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