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30th May 2023 14:49Eurozone, Daily Monitor

  • Money supply data in the EZ remain recessionary, adding to the downside risks for Q2 and Q3.
  • Inflation in Spain fell further in May, but don’t extrap- olate the fall in core inflation to the EZ as a whole.
  • Spain will hold a general election on July 23, and polls suggest that time is up for the incumbent PM.

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Keywords for: 31 May 2023 Eurozone Monitor

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