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27th Apr 2023 14:00Eurozone, Daily Monitor

  • Today’s data will show that the EZ economy was resilient in Q1, and that inflation rose, a bit, in April.
  • We still think the ECB will hike by 50bp next week, but the Q2 bank lending survey is a key swing factor.
  • The ESI was less upbeat than the PMI in April, but still points to resilience at the start of Q2.

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Keywords for: 28 Apr 2023 Eurozone Monitor

bank lending, ECB, pmi, q2, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence