27 February 2025 Eurozone Monitor Will the saving rate restrict spending in Q1? We doubt it
25th Feb 2025 10:45EurozoneDaily Monitor
- EZ consumers’ spending likely rose by 0.4-to-0.5% in Q4, and we look for the same in Q1.
- We still think a stabilisation in the saving rate will underpin consumption growth this year.
- Consumer confidence data point to a sticky saving rate, but are an unreliable guide.
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