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Citi slashes euro area 2023 GDP growth forecast to 0.8% from 1.1% previously
Of note, the firm is revising lower the GDP growth forecast for Germany to 0.2% from 1.0% previously. That is somewhat offset by a revision higher for Italy to 1.3% from 0.4% previously though. But with Germany being the backbone of the euro area economy, the cut there hurts more. This article was written by Justin Low at www.forexlive.com...
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Posted: Jul 5 2023, 06:30
Author Name: forexlive
Views: 080999