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18th Dec 2024 13:56EurozoneDaily Monitor

  • EZ inflation rose less than previously thought in November, to 2.2%—rather than 2.3%—from 2.0%.
  • It will increase further in December, and risks to our call for a 2.5% print are to the upside. 
  • The headline will fall in early 2025, allowing the ECB to cut rates further, less than markets expect though.

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Keywords for: 19 December 2024 Eurozone Monitor

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