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  • Eurozone PMIs rebounded in June, despite weakness in Germany, and price indices cooled.
  • The PMIs continue to signal downside risk to Q2 growth, but we still see GDP rising by 0.1%.
  • Falling oil prices and cooling PMI price indices are consistent with the ECB holding fire in July.

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Keywords for: 24 June 2026 Eurozone Monitor

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