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6th Aug 2024 20:22EurozoneDaily Monitor

  • German manufacturing output rebounded modestly in June, but likely fell back in July. 
  • Hard data are now consistent with the reported GDP decline in Q2, but what happened to consumption? 
  • We’re nudging down our Q3 GDP growth forecast in Germany by 0.1pp to 0.2% quarter-on-quarter.

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Keywords for: 8 August 2024 Eurozone Monitor

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