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5th Oct 2023 18:13Eurozone, Weekly Monitor

  • German industrial orders rose in August, but not enough to reverse the plunge in July...
  • ...We suspect that data today will still show a fall in German industrial output midway through Q3.
  • The plunge in oil prices supports our view that EZ energy deflation is here to stay, for now.

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Keywords for: 9 October 2023 Eurozone Monitor

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