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25th Nov 2024 12:14EurozoneDaily Monitor

  • Inventory accumulation supported German GDP growth in Q2 and Q3; this will reverse in Q4 and Q1. 
  • The trend in disposable income growth still leaves room for an acceleration in consumption growth. 
  • We now see EZ GDP rising by just 0.1% in Q4, reflecting softness in Germany and France.

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Keywords for: 26 November 2024 Eurozone Monitor

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