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26th Feb 2024 10:04Eurozone, Daily Monitor

  • The inventory cycle in France likely bottomed out in Q4; total capital formation should rebound in H1...
  • ...But surveys warn that growth in otherwise resilient services investment is now rolling over.
  • A drop in auto sales will weigh on consumption in 2024, but rising real income growth will dominate.

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Keywords for: 27 February 2024 Eurozone Monitor

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