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3rd Feb 2023 15:57Eurozone, Daily Monitor

  • The Q4 rise in EZ car sales was insuffient to offset a drag from a decline in retail sales.
  • A tough December sets a weak starting point for household spending in Q1; we think it will fall.
  • Industrial turnover figures point to a 2% drop in German industrial production in December.

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Keywords for: 7 Feb 2023 Eurozone Monitor

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