Europe Chart Pack Growth starting to slow June’s survey data confirmed that GDP growth in Q2 is very unlikely to have matched Q1’s 0.6% quarterly expansion, with both the EC Survey and the PMI appearing consistent with around a 0.3% rise... 6th July 2016 · 1 min read
Europe Chart Pack Deflation persists Euro-zone consumer price inflation remained in negative territory in May for the second consecutive month and the eighth month overall in the last 18. Fading negative energy effects mean that... 2nd June 2016 · 1 min read
Europe Chart Pack Strength of growth in Q1 unlikely to be sustained Euro-zone GDP rose by a healthy 0.6% in Q1, easily outpacing the expansions in the US and UK and following disappointingly slow growth in the second half of 2015. But the data look strong relative to... 5th May 2016 · 1 min read
Europe Chart Pack Consumer recovery set to fade February’s rise in euro-zone retail sales volumes caused the annual growth rate to pick back up to a healthy 2.4% and suggests that total consumer spending growth accelerated in the first quarter... 6th April 2016 · 1 min read
Europe Chart Pack Deflation is back... again Recent evidence of a slowdown in the euro-zone’s economic recovery has been accompanied by a drop in consumer price inflation back below zero in February. The fall was partly down to food and energy... 2nd March 2016 · 1 min read
Europe Chart Pack A weak start to the year Hard data for the fourth quarter of last year, including GDP estimates for some countries and industrial production and retail sales figures for the region as a whole, suggest that euro-zone GDP... 3rd February 2016 · 1 min read
Europe Chart Pack A year of zero inflation December’s euro-zone consumer price inflation rate of +0.2% left an average inflation rate for 2015 as a whole of zero – the lowest rate since the single currency was formed. Headline inflation will... 5th January 2016 · 1 min read
Europe Chart Pack Tentative signs of Q4 growth pick-up After the further slowdown in euro-zone GDP growth in the third quarter, more timely survey indicators such as the composite PMI have offered tentative evidence of a renewed acceleration in Q4... 2nd December 2015 · 1 min read
Europe Chart Pack Growth steady but slow Early indications from business surveys suggest that the euro-zone economy has continued to grow at a steady but slow pace at the beginning of the fourth quarter. For example, the composite PMI... 3rd November 2015 · 1 min read
Europe Chart Pack Is the consumer recovery running out of steam? The consumer outlook has dimmed slightly over the summer, suggesting that the economic recovery needs to become more broad-based if it is to gain momentum. The Q2 GDP breakdown showed that the... 1st October 2015 · 1 min read
Europe Chart Pack Deflation dangers still lingering While the crisis in Greece appears to have receded at least temporarily, the euro-zone still faces serious challenges in the form of weak growth and persistent deflation risks. As the Chart below... 2nd September 2015 · 1 min read
Europe Chart Pack Labour market recovery stalls While the euro-zone economy has continued to weather the ongoing Greek crisis reasonably well, one potentially worrying recent development is the apparent slowdown in the labour market recovery. Not... 5th August 2015 · 1 min read
Europe Chart Pack Contagion from Greece limited for now Greece’s crisis escalated further in June, culminating in a default to the IMF, the imposition of capital controls and the expiry of the second bailout programme. In response, Greek 10 year government... 1st July 2015 · 1 min read
Europe Chart Pack Outlook for periphery’s exporters is improving The depreciation of the euro over the past year or so appears to be finally starting to help euro-zone exporters. The latest data show that annual growth in euro-zone export values picked up to 7.3%... 3rd June 2015 · 1 min read
Europe Chart Pack Euro-zone outperformance will be short-lived The euro-zone economy looks likely to have outgrown both those of the US and UK in the first quarter of the year, for the first time since Q1 2011. But the outperformance looks set to be short-lived... 6th May 2015 · 1 min read
Europe Chart Pack Consumers drive the recovery The euro-zone economic recovery has gained some pace thanks to a pick-up in consumer spending growth. The annual growth rate of retail sales volumes rose to near a ten-year high in January, due partly... 1st April 2015 · 1 min read