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23rd Mar 2026 19:19EurozoneDaily Monitor
  • March PMIs point to a hit to activity in services from the war in Iran, but also upside risk to inflation. 
  • German industry is benefiting from front-running ahead of supply disruption in the Middle East. 
  • Inflation data will remain front and centre for the ECB, as the PMIs signal upside risk to core inflation.

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Keywords for: 25 March 2026 Eurozone Monitor

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