29 Nov 2022 Eurozone Monitor We See no Green Shoots in the Eurozone Money Supply Data
28th Nov 2022 07:24Eurozone, Daily Monitor
The gap between M1 growth and soaring inflation widened in October and still points to falling output.
Households’ deposits are now falling outright, likely driven in part by a run-down of pandemic savings.
The outlook for lending supports our call for slowing growth in consumers’ spending and investment.
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