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23rd Jul 2024 09:32EurozoneDaily Monitor

  • The EZ composite PMI is on the verge of falling below 50; will it matter for Q3 growth? Probably not.
  • Manufacturing remains the weak spot, according to the PMIs, while services are still relatively robust.
  • The EZ output price PMI in services fell further in July; inflation will follow, eventually. 

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Keywords for: 25 July 2024 Eurozone Monitor

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