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2nd Apr 2024 17:39Eurozone, Daily Monitor

  • EZ inflation surprised to the downside in March, but not enough for the ECB to pull the trigger next week.
  • Services inflation was sustained by the early Easter in March; it will come down sharply in April.
  • We expect EZ headline inflation to stabilise around 2% from August through to Q1 next year.

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Keywords for: 4 April 2024 Eurozone Monitor

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