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5th Sep 2023 12:49Eurozone, Daily Monitor

  • EZ services activity held its own in H1, rebounding from weakness in late 2022...
  • ...But the survey data suggest a broad-based downturn in the sector is now underway.
  • Tourism is a wild card for the upside to services in Q3, but we doubt it can carry the sector on its own.

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Keywords for: 6 September 2023 Eurozone Monitor

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