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24th Mar 2016 05:22Eurozone, Economic Monitor

All the evidence indicates that growth in Eurozone consumers' spending is slowing. We think data today will show that the advance GfK consumer sentiment index in Germany was unchanged at 9.5 in April, but the headline index does not correlate well with spending. The "business expectations" index is better, and while it likely will increase slightly, our first chart shows that it continues to signal a slowdown in consumers' spending growth.

eurozone ez france french manufacturing gdp growth deflation money supply gfk consumption household consumption pmi m1 services

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Keywords for: 24 Mar. 2016 EZ Consumers' Spending Is Slowing, but Won't Collapse

eurozone, ez, france, french, manufacturing, gdp, growth, deflation, money supply, gfk, consumption, household consumption, pmi, m1, services,