Pantheon Macroeconomics

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4th Mar 2022 00:10Eurozone, Daily Monitor

  • Spain's and Italy's PMIs support our view that their growth is slowing in Q1, despite the February uptick.
  • The implosion of Russia's economy will not derail the pick-up in EZ GDP growth in Q2.
  • The labour market is on fire, but is still not stoking wage prices pressures.

composite pmi electricity energy eu exporters ez gdp fiscal policy france gdp growth germany importers italy jobless rate labour labour market leading indicators loans manufacturing pmi pmis policy q1 q2 q4 russia services activity spain survey data surveys trade unemployment wage growth weather

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Keywords for: Activity Gains Pace; the Labour Market Brushed-Off Omicron

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