Nomura – The Week Ahead cover image

The Week Ahead – Will US Debt Talks do the Unthinkable? Flash Euro CPI, China PMIs and the Bank of Thailand

Nomura – The Week Ahead

CHAPTER

The Euro Area's Negative Quarters of Economic Growth

Core inflation expected to remain sticky at 5.6% in May, down from 7%. Domestic demand is taking a heavy hit in the euro area and Germany has had two negative quarters of economic growth. We think it's odd that we're talking about labour market strength and inflation persistence when it looks like domestic demand is actually taking quite a heavy hit," he says.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner