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20th Feb 2025 09:06EurozoneWeekly Monitor

  • The upturn in the EZ PMIs stalled in February, due to a plunge in the French services index.
  • Near-term outlook for services output is still decent, and the PMIs signal green shoots in industry, again.
  • ECB hawks will focus on rebounding services prices; doves will note weak French labour-market data.

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Keywords for: 24 February 2025 Eurozone Monitor

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