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26th Oct 2022 15:28Eurozone, Daily Monitor

  • The gap between M1 growth and soaring inflation widened in September, pointing to falling output.
  • Banks are tightening standards and demand for credit is waning; we expect lending growth to slow.
  • Italy’s Prime Minister Meloni makes clear she is not Truss 2.0; markets welcome delay of some stimulus.

credit growth inflation lending growth m1 m1 growth markets

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Keywords for: 27 Oct 2022 Eurozone Monitor

credit, growth, inflation, lending growth, m1, m1 growth, markets, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence