Conjoncture Flash August 2023: Activity stalls
Despite a rebound in the euro area GDP in Q2, the underlying trend is for a virtual stagnation in activity. Business confidence fell again as summer approached, pointing to a downturn in activity in Q3.
- China close to deflation?
- Investors shy away from bank stocks
- Construction: Industrial morale continues to deteriorate
- Rebound in car sales stalls
- Unemployment growth confirmed in Luxembourg
- Inflation in services rises
- Less margin for gas savings?
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