In recent economic developments, the Eurozone finds itself navigating through a challenging period, marked by a hard landing. Two key indicators, household lending and retail sales, are sounding alarm bells, pointing to significant economic downturns across the region.
Eurozone 🇪🇺 Household Lending pic.twitter.com/KY3UXjhm25
— Win Smart, CFA (@WinfieldSmart) November 29, 2023
Eurozone 🇪🇺 Retail Sales pic.twitter.com/Y6VVUznvq0
— Win Smart, CFA (@WinfieldSmart) November 9, 2023
…but, price pressures are widely anticipated to pick up again…
🇪🇺 European Union business confidence -9.1
Lowest since COVID, the European Debt Crisis, and the GFC!
Chart: https://t.co/ow763W0Jf1 #recession pic.twitter.com/e8kjHijLg2
— Alex Joosten (@joosteninvestor) November 30, 2023