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3rd Jan 2023 15:58Eurozone, Daily Monitor

  • Headline inflation in Germany was pulled lower by fiscal stimulus in December, but the core rose.
  • We doubt that fiscally-induced drops in EZ headline inflation will drive a dovish shift at the ECB.
  • Germany’s labour market continues to defy evidence from the surveys of sharply slowing GDP growth.

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Keywords for: 4 Jan 2023 Eurozone Monitor

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