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Eurozone Macro Signal – Sep 2024: Pick-Up Yet To Materialize

Eurozone economic activity has been mixed recently across sectors and countries.

MNI (LONDON) - Eurozone economic activity has been mixed recently across sectors and countries. A pick-up in growth is yet to materialize, being held back by restrained fixed investment and declining fiscal stimulus. Inflation has moderated enough to allow the ECB to continue easing monetary policy at its September meeting, though sticky services prices amid low labour productivity add uncertainty over the pace of cuts going forward.

Full PDF Analysis here: 2024_09_Eurozone_Macro_Signal.pdf

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MNI (LONDON) - Eurozone economic activity has been mixed recently across sectors and countries. A pick-up in growth is yet to materialize, being held back by restrained fixed investment and declining fiscal stimulus. Inflation has moderated enough to allow the ECB to continue easing monetary policy at its September meeting, though sticky services prices amid low labour productivity add uncertainty over the pace of cuts going forward.

Full PDF Analysis here: 2024_09_Eurozone_Macro_Signal.pdf

Keep reading...Show less