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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
gdp growth, german gdp, german manufacturing, June, manufacturing, q2, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence