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25th Sep 2023 19:23Eurozone, Daily Monitor

  •  A shift in the net balance of foreign trade and inventories will weigh on French GDP in Q3.
  • Consumers’ spending in France is likely rebounding now, but investment has further to fall.
  • Our full-year forecasts for growth in 2023 and 2024 imply further downside for official forecasts.

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Keywords for: 27 September 2023 Eurozone Monitor

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