Economic Indicators 

Next week's economics: 19-23 Nov

Chris Dillow

Chris Dillow
Next week's economics: 19-23 Nov

The eurozone economy is slowing down. Purchasing managers’ surveys next week might well confirm last month’s message, that overall economic growth has slowed to a two-year low while manufacturing growth is at a four-year low. This would mean that GDP growth in the fourth quarter could be even lower than the 0.2 per cent officially reported for the third quarter. Economists are blaming this on the uncertainty caused by the trade war and the recent Italian elections. However, slower monetary growth has been warning us of a cooling off in the economy for some time.

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