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22nd Feb 2024 19:37Eurozone, Weekly Monitor

  • A crash in investment weighed down the German economy in Q4; capex is set for a big fall in 2024.
  • Consumers’ spending is now rebounding in Germany, in line with firming growth in real income.
  • We now see zero growth in Germany this year, down from +0.3% previously; risks are to the downside.

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Keywords for: 26 February 2024 Eurozone Monitor

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