In this issue of 16 May 2023: the editorial of William De Vijlder, the purchasing managers' index (PMI) analysis, and the latest market overview and economic scenario.
How much and how quickly inflation will decline in the Eurozone is of key importance for the ECB, households, firms and financial markets. There is concern that disinflation might be slower than expected until now. The latest ECB survey of professional forecasters shows an increase in the number of participants expecting inflation to remain elevated [...]
April was marked by the stabilisation of the Purchasing Managers Index (PMI) for the manufacturing sector, after a slight decline in March.
GDP growth, inflation, interest rates and exchange rates