24 Aug 2022 Eurozone Monitor Deepening Downturn won't Deter Further ECB Rate Hikes this Year
23rd Aug 2022 14:40Eurozone, Daily Monitor
The slide in the Composite PMI to an 18-month low now points to downside risks to our Q3 GDP call.
The steep decline in demand and easing hiring intentions suggest the worst is yet to come.
The fall in the EURUSD will catch the ECB’s attention, but will have little impact on core inflation.
This publication is only available to Eurozone Economic Research (Monitor) subscribers
Related Publications
Are you taking full advantage of our daily publications?
Pantheon Macroeconomics produce daily publications for U.S., Eurozone, Latin America, UK and Asia, as well as analysis on key data within a few minutes of their release.
Sign up for your complimentary trial
To start your complimentary trial, highlight the areas you are interested in subcribing to and click next.
