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8th Jun 2023 15:52Eurozone, Daily Monitor

  •  A crash in Irish capex and falling public spending pushed the EZ into recession in Q4 and Q1.
  • We think consumers’ spending is rebounding, but capex is slowing; growth will be zero in Q2 and Q3.
  • EZ GDP is set to rise by just 0.3% this year, but the labour market will stay resilient.

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Keywords for: 9 June 2023 Eurozone Monitor

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