Pantheon Macroeconomics

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26th Apr 2023 14:19Eurozone, Daily Monitor

  • EZ consumers’ spending likely fell again in Q1, but a recovery probably is now underway.
  • The services PMI suggest we’re underestimating the strength of the consumption recovery...
  • ...But other survey data are more moderate, so we’re sticking with our forecasts, for now.

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Keywords for: 27 Apr 2023 Eurozone Monitor

consumption, eurozone, pmi, services pmi, survey, survey data, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence