Pantheon Macroeconomics

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24th Mar 2023 16:37Eurozone, Weekly Monitor

  • The PMIs jumped in March; we now think GDP growth was zero in Q1, up from -0.2% previously...
  • ...But we are downgrading our forecast for the rest of the year, due to weakness in investment.
  • The jump in the March PMIs is good news for ECB hawks, but the Q2 bank lending survey won’t be.

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Keywords for: 27 Mar 2023 Eurozone Monitor

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