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28th Aug 2023 20:37Eurozone, Daily Monitor

  • Core inflation in the Eurozone likely edged lower in August, but services inflation rose again.
  • Advance data suggest that compensation-per- employee growth in the EZ accelerated in Q2.
  • Ms. Lagarde lays out the case for higher-for-longer, but we still see room for rate cuts next year.

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Keywords for: 30 August 2023 Eurozone Monitor

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