Eurozone Narrowly Avoids Recession In Q4 Thanks To Ireland
https://www.zerohedge.com/economics/eur ... ks-irelandIreland's GDP ''grew'' by over 13% (!) YoY in Q4 - its tax haven status brings a lot of ''investments'' from big companies, and it pollutes Eurozone's GDP numbers
Eurozone's Q4 GDP growth: +0.12%
Ex-Ireland: -0.02%
https://mobile.twitter.com/MacroAlf/sta ... 0988007425German recession is the dog that didn't bark in 2022. Well, it's barking now.
Real retail sales fell a lot towards the end of 2022, catching down with the big drop in consumer confidence that took place earlier in the year.
Recession is coming to Europe, starting with Germany...
https://mobile.twitter.com/RobinBrooksI ... 8048413702