Oxford Economics cites resilient eurozone outlook into third quarter
Final August purchasing managers’ surveys reaffirm eurozone resilience, Rory Fennessy at Oxford Economics says. Higher gas prices are expected to dent disposable spending, while inventory strength in Q2 may unwind.
Final August purchasing managers' surveys reaffirm the eurozone's resilience against various economic threats, Oxford Economics' Rory Fennessy says in a note.
Despite higher gas prices denting disposable spending and some inventory-induced strength in the second quarter likely to unwind, some upsid…