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2nd Dec 2024 18:15EurozoneDaily Monitor

  • Detailed data show a jump in consumers’ spending prevented a fall in Italian GDP in Q3.
  • Consumers will continue to lead the way, and we are revising up our call for Q4 growth.
  • But GDP will still likely rise by just 0.5% this year, half of the government’s latest forecast.

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Keywords for: 3 December 2024 Eurozone Monitor

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