Pantheon Macroeconomics

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  • We’re changing our inflation forecast methodology to a pure bottom-up model, based on the four majors. 
  • We will now be forecasting 38 individual HICP and CPI components every month. 
  • Our forecast for core inflation to settle above 2% is underpinned by dovish monthly pricing trends.

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Keywords for: 5 November 2025 Eurozone Monitor

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