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26th Dec 2024 17:15EurozoneDaily Monitor

  • The PMIs suggest manufacturing in the Eurozone remained mired in recession at the end of 2024…
  • …But we still hope US tariff front-running will lift the hard data for Q4 and Q1, in time.
  • The upturn in real M1 growth continued midway through Q4; ignore this signal at your peril.

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Keywords for: 3 January 2025 Eurozone Monitor

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