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27th Jul 2023 19:52Eurozone, Weekly Monitor

  • Headline EZ inflation likely overshot the consensus in July, but the core will surprise to the downside.
  • Risks are tilted to the upside for EZ GDP growth in Q2, after strong data in Ireland, Spain and France.
  • Soaring net exports in France are hiding a slump in domestic demand; this won’t continue in Q3.

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Keywords for: 31 July 2023 Eurozone Monitor

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