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22nd Apr 2026 08:53EurozoneDaily Monitor
  • A plunge in services PMIs warns that the growth in EZ consumers’ spending is now grinding to a halt.
  • We cut our Q2 EZ GDP growth forecasts further, by 0.1pp to 0.1%, due to weakness in Germany.
  • We still think the ECB will respond to the inflation shock by hiking, but markets are too hawkish.

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Keywords for: 24 April 2026 Eurozone Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence