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29th Sep 2025 09:43EurozoneDaily Monitor
  • Inflation in Spain rose by less than we expected, pulling down our EZ HICP forecast by 0.1pp, to 2.3%. 
  • The ESI rose in September and still signals low recession risk in the Eurozone. 
  • The IAB labour-market survey in Germany is on a tear, but other surveys are less optimistic.

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Keywords for: 30 September 2025 Eurozone Monitor

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