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22nd Aug 2023 18:19Eurozone, Daily Monitor

  •  Negotiated wage data for Q2 suggest the ECB rate hike in September hangs in the balance...
  • ...But PMI figures indicate that a rise in input costs in some countries is pushing firms to lift prices again.
  • We, and the ECB, will wait for the full set of Q2 wage data before deciding on September’s move.

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Keywords for: 24 August 2023 Eurozone Monitor

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