Industrial production is now expanding faster in the euro-zone’s periphery than in the core. While this reflects progress made towards restructuring in the peripheral economies, industry still faces big constraints that will prevent the sector powering decent recoveries there.
Dangerously low inflation is not just a euro-zone phenomenon. Data published last week showed that price pressures are very subdued in some of the Nordic countries too. Sweden, in particular, appears at risk of a damaging bout of deflation.
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