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23rd Oct 2023 20:38Eurozone, Daily Monitor

  • The October PMIs and Q4 BLS point to broadening downside risks to EZ GDP growth at the end of 2023.
  • A technical recession is now in the cards for the EZ in Q3 and Q4, unless the surveys improve from here.
  • Banks are turning the screw on credit standards; will private sector activity remain resilient?

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Keywords for: 25 October 2023 Eurozone Monitor

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