Europe Chart Pack Signs of a widespread recession The latest data have revealed that the economic downturn is deepening and spreading. October’s drop in the euro-zone composite PMI left it pointing to sharp quarterly falls in GDP of around 1.0%... 8th November 2011 · 1 min read
Europe Chart Pack Rise in inflation will be short-lived September’s data revealed a sharp rise in euro-zone HICP inflation from 2.5% to 3.0%, which appears to have been driven by a renewed rise in core price pressures as well as energy inflation. With... 7th October 2011 · 1 min read
Europe Chart Pack Risk of a return to recession grows Developments over the past month suggest that there is a distinct possibility that the eurozone could soon slip back into recession. In particular, the ECB composite PMI now points to outright falls... 8th September 2011 · 1 min read
Europe Chart Pack Core economies weakening The past month has brought the firmest signs yet that the euro-zone economic slowdown is spreading from the region’s periphery to the northern “core”. July’s decline in the German Composite PMI was... 4th August 2011 · 1 min read
Europe Chart Pack Slowdown broadening The slowdown seems to be broadening to the domestic economy, not only in the periphery but also in the core economies. While activity in the industrial and external sectors has slowed further, surveys... 7th July 2011 · 1 min read
Europe Chart Pack Further signs of a slowdown Further falls in euro-zone leading indicators and the first hard data for Q2 suggest that the economic recovery may have passed its peak. After three consecutive falls, the EC’s Economic Sentiment... 7th June 2011 · 1 min read
Europe Chart Pack Euro-zone recovery starting to falter Recent falls in euro-zone leading economic indicators suggest that the recovery in the region as a whole may be starting to falter. Admittedly, despite falling for a the third time in four months in... 4th May 2011 · 1 min read
Europe Chart Pack Hawkish ECB adding to the periphery's troubles March’s pick-up in euro-zone CPI inflation from 2.4% to 2.6%, combined with signs that pipeline price pressures may be building, has led markets to become increasingly convinced that April’s likely... 5th April 2011 · 1 min read
Europe Chart Pack Recovery regaining momentum February’s sharp rises in the surveys of euro-zone business sentiment are an encouraging sign that the region’s fiscal squeeze is not yet having a severe impact on business confidence. This, coupled... 2nd March 2011 · 1 min read
Europe Chart Pack Rising inflation unnerves the ECB The further rise in euro-zone CPI inflation at the start of 2011 will have done little to ease the ECB’s fears that price pressures in the region are building. Nonetheless, inflation remains far lower... 1st February 2011 · 1 min read
Europe Chart Pack Household spending prospects weaken Recent news on the euro-zone household sector has placed a dent in hopes that the external recovery is spreading to the domestic economy. November’s sharp drop in retail sales, and Q3’s downward... 12th January 2011 · 1 min read
Europe Chart Pack Core economies shrug off debt worries The euro-zone economy has continued to recover despite the periphery’s troubles, with export growth holding up particularly well. It is too soon for the euro’s recent depreciation to have had an... 2nd December 2010 · 1 min read
Europe Chart Pack Peripheral strains still building Recent activity indicators confirm that while, the euro-zone recovery is slowing, it has by no means ground to a complete standstill. Nonetheless, news on the periphery remains grim. This, coupled... 3rd November 2010 · 1 min read
Europe Chart Pack Recovery starting to falter The euro-zone’s economic prospects appear to have taken a turn for the worse amidst continued worries over the periphery and signs that the recovery in the core economies is starting to lose momentum... 6th October 2010 · 1 min read
Europe Chart Pack Economic divergences widen yield spreads Q2’s 1.0% quarterly rise in euro-zone GDP confirmed that the region as a whole performed well by international standards last quarter. But Q2’s growth surge was largely down to a huge 2.2% quarterly... 1st September 2010 · 1 min read
Europe Chart Pack Euro-zone takes the lead... for now July’s improvement in the euro-zone composite PMI was an encouraging sign that the economic recovery has continued and marked a stark contrast with falls in similar indicators in the US and UK. With... 4th August 2010 · 1 min read
