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22nd May 2025 18:06EurozoneWeekly Monitor

  • Weak French inflation data put ECB doves in the driving seat ahead of next week’s May EZ HICP.
  • German GfK consumer confidence and the ESI were robust midway through Q2; what tariff shock?
  • EZ wage growth slowed sharply at the start of 2025; we doubt it will fall much further.

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Keywords for: 28 May 2025 Eurozone Monitor

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