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3rd Oct 2023 19:21Eurozone, Daily Monitor

  •  Retail sales in the EZ tanked in August, held back by French and German sales, and likely fell in Q3...
  • ...Services spending probably held up better but still rose by less than in Q2...
  • ...We are revising down our call for consumer spending and look for a bigger fall in EZ GDP in Q3.

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Keywords for: 5 October 2023 Eurozone Monitor

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