30 Aug 2022 Eurozone Monitor The Surge in Gas Prices Piles More Pressure on the ECB

Melanie Debono (Senior Eurozone Economist)26th Aug 2022 14:05Eurozone, Weekly Monitor

Soft money data rounded up a week of gloomy leading indicators for EZ GDP last week.
ISTAT data lend support to our view that Italy, along with Germany, is leading the EZ downturn in H2.
The sour data spooked some ECB members, but the ECB is not about to turn dovish.

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