Macro - Weekly Briefings - Eurozone

Macro - Weekly Briefings - Eurozone

A slight upward revision to the April PMIs and continued improvement in the Sentix measure of investor confidence in May reinforced signs that the eurozone's economic recovery is continuing to progress this quarter. We expect unchanged GDP growth of 0.3% q/q in Q2, with the stronger than previously expected H1 prompting a 0.2ppts upgrade to our 2024 growth forecast to 0.8%.

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