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30th Mar 2022 00:10Eurozone, Daily Monitor

  • Consumer confidence in the core is falling sharply, reflecting mainly worries of rising inflation.
  • EZ real wages are now falling, but savings will support spending in Q2, before a sharp slowdown in H2.
  • Fiscal support and a quicker reduction in household savings are the main upside risks to our baseline.

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Keywords for: EZ Consumers are Worried About Inflation, For Good Reason

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