Macro - Weekly Briefings - Eurozone
The Ifo results for Germany and the eurozone consumer confidence survey both followed other indicators higher in December, reinforcing perceptions that sentiment has bottomed out as Q4 progressed. At face value, this also signals some upside risk to our expectation that eurozone GDP is set to fall by slightly more than 0.5% q/q in Q4. But a contraction is still very likely.
- Please Note: Due to the brevity and/or nature of the content posted, there is no table of contents available for this report.
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