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  • The composite PMI for the Eurozone rose in October, as Germany’s index jumped...
  • ...The PMI is consistent with better GDP growth in Q4 than Q3, which we think matched Q2’s 0.1% read.
  • We still think higher growth and above-target inflation will keep the ECB on hold in December.

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Keywords for: 27 October 2025 Eurozone Monitor

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