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16th Sep 2024 11:57EurozoneDaily Monitor

  • Mr. Draghi's report on European competitiveness could help Italy and France in their EDP negotiations. 
  • We agree with Mr. Draghi's broad conclusions, but he is too upbeat on productivity and inflation. 
  • EZ hourly labour cost growth remained high in Q2, but stagnant profits point to lower inflation.

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Keywords for: 17 September 2024 Eurozone Monitor I

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