“Real incomes in the eurozone are growing strongly again, but while services has [sic] continued to perform well, goods consumption remains depressed. Weak lending and confidence seem to be the main factors. But signs of life on that front suggest the eurozone is on the cusp of a turn-around in consumption. Time is of the essence – surveys suggest businesses are on the verge of throwing in the towel amid weak demand. The coming months will be critical in shaping the outlook for the eurozone recovery.” Læs hele analysen her.
Morten W. Langer