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  • March survey data show clear evidence of weakness from the war in Iran, but markets don’t care.
  • Real M1 growth was still robust midway through Q1, but now comes the hit from rising inflation.
  • Italian business confidence was resilient in March, but consumer sentiment is plunging.

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Keywords for: 27 March 2026 Eurozone Monitor

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