Pantheon Macroeconomics

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6th Jun 2023 15:19Eurozone, Daily Monitor

  • New orders in German manufacturing are on track for a plunge in Q2, and output will follow.
  • Recent data support our call for a second quarter rebound in consumers’ spending, but it’s early days.
  • Risks to German GDP growth in Q2 are tilted to the downside; the fall in manufacturing will sting.

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Keywords for: 7 June 2023 Eurozone Monitor

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