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24th May 2023 15:42Eurozone, Daily Monitor

  •  A rebound in Chinese growth is good news for the EZ, but the composition of the recovery isn’t.
  • EZ goods exports to China likely will remain subdued in the near term, but imports are falling.
  • China is now exporting disinflation to EZ core goods consumer and producer prices.

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Keywords for: 25 May 2023 Eurozone Monitor

china, consumer, core goods, disinflation, eurozone, exports, ez, ez core, growth, imports, May, remain, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence