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2019/08/26 / Erste Group Research

The trade conflict between China and the US further intensified at the end of last week with mutual increases in punitive tariffs. Consequently, the downside risks to the Eurozone economy have risen as well. In Italy, the 5-star movement and the Social Democrats are currently struggling to form a government; should they fail, new elections are looming. We expect inflation in the Eurozone to remain stable at +1.0% y/y in August.

General information

AuthorErste Group Research
Product nameVideo
Topic in focusMacro/ Fixed income
Economy in focus-
Currency in focus-
Sector in focus-


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