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The Week Ahead – Will Euro Area Inflation Bounce Back? Is the Riksbank Nearly Done? US PCE, China PMIs and ECB Sintra

Nomura – The Week Ahead

CHAPTER

The Economic Outlook for Europe

The Manheim use vehicle value index continued to decline this past week, which supports our view that core inflation is likely to decelerate in the next few reports. We've got a number of surveys next week as well, which will be pretty crucial. Are we heading back into recession or into recession? That's the really key question about those surveys.

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