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2nd Jan 2025 12:09EurozoneWeekly Monitor

  • German unemployment held steady in December, but surveys warn of further increases in Q1.
  • We think EZ HICP inflation rose by 0.3pp in December, to 2.5%, 0.1pp above the consensus.
  • The upturn in German retail sales is intact, but manufacturing is still stuck in the mud.

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Keywords for: 6 January 2025 Eurozone Monitor

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