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27th Aug 2024 13:26EurozoneDaily Monitor

  • Destatis confirmed the decline in German GDP in Q2, despite still not publishing services data.
  • Survey data for Q3 paint an ugly picture for the start of the second half of the year. 
  • We suspect surveys may be underestimating growth, but we will need to wait and see.

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Keywords for: 28 August 2024 Eurozone Monitor

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