Hard data and surveys released this week suggests to us that although the euro-zone economy may again avoid a contraction in Q2, it will remain very weak. Otherwise, we have lowered our forecast for the peak in the deposit rate to 3.75%. Next week, we expect to learn that German industrial production fell sharply in March.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services