Europe Chart Pack Consumer spending dampened by temporary factors The first breakdown of euro-zone Q4 GDP showed that consumer spending growth slowed to just 0.2%, the weakest rate since Q1 2014. Encouragingly though, this appears to have been due to temporary... 7th March 2018 · 1 min read
Nordic & Swiss Chart Pack A robust start to 2018 The official data suggest that the Nordic & Swiss economies recorded fairly mixed performances at the end of last year. So far, only Norway has published national accounts data for Q4. This release... 13th February 2018 · 1 min read
Europe Chart Pack Activity surveys strong as equities fall While equity markets in the euro-zone have recently declined alongside those in the US, activity surveys continue to paint a very healthy picture of the economy. Indeed, the euro-zone Composite PMI... 8th February 2018 · 1 min read
Nordic & Swiss Chart Pack A busy month for central banks The three major Nordic and Swiss central banks met in December and provided very different messages about the outlook for monetary policy in their respective countries. First, the Swiss National Bank... 15th January 2018 · 1 min read
Europe Chart Pack Economy shrugging off euro’s rise At the start of January, the euro reached a three-year high against the US dollar and a three-and-a-half year high in trade-weighted terms. While the euro’s climb over the past year or so may seem... 9th January 2018 · 1 min read
Nordic & Swiss Chart Pack Denmark weak in Q3, Sweden powered ahead The Nordic and Swiss Q3 GDP data revealed large differences between the best and worst performing economies. A quarterly contraction of 0.6% meant that Denmark underperformed the rest of the pack by a... 12th December 2017 · 1 min read
Europe Chart Pack Underlying inflationary pressures remain uneven Despite signs that core inflation in Germany picked up in November, euro-zone core inflation remained unchanged at 0.9%. This suggests that despite strong economic growth, underlying inflationary... 7th December 2017 · 1 min read
Nordic & Swiss Chart Pack Nordic house price inflation slowing House price inflation in several Nordic economies is slowing, and in some cases sharply. In Sweden housing inflation fell to 6.7% in October, its slowest in four years. And in Stockholm, where prices... 16th November 2017 · 1 min read
Europe Chart Pack Consumer sector in good shape heading into Q4 The monthly data suggest that consumer spending was behind the slowdown in quarterly euro-zone GDP growth in Q3. But September’s rise in retail sales provided a strong starting point for Q4. And the... 8th November 2017 · 1 min read
Nordic & Swiss Chart Pack Inflation pressures weak apart from in Sweden The inflation data for September suggest that underlying price pressures remained subdued in most of the Nordic and Swiss countries, apart from Sweden. 13th October 2017 · 1 min read
Europe Chart Pack Mixed signals for Q3 The latest indicators have given mixed signals about the euro-zone economy in Q3. Somewhat ironically, the “hard” data available so far have been rather soft. Industrial production rose by just 0.1%... 5th October 2017 · 1 min read
Nordic & Swiss Chart Pack Q2 GDP data a mixed bag, but timelier data look strong The Q2 GDP data for the Nordic and Swiss economies were a mixed bag, but more timely indicators point to a strong second half of the year. 13th September 2017 · 1 min read
Europe Chart Pack Economy still faring well The third release confirmed that euro-zone GDP rose by a healthy 0.6% q/q in Q2, with the region’s largest five economies expanding by between 0.4% and 1.5% on the quarter. On the face of it, the... 7th September 2017 · 1 min read
Nordic & Swiss Chart Pack Geopolitical tensions halt Swiss franc’s slide The Swiss franc has had a rocky ride over the past month. In late July, it depreciated sharply to SFr1.15 to the euro, its lowest level since January 2015 when the Swiss National Bank abandoned its... 11th August 2017 · 1 min read
Europe Chart Pack Sharp rise in euro weighs on equities The euro has risen sharply over the past month and in early August reached its highest level against the US dollar since early 2015. Strikingly, the rise has occurred against a backdrop of broadly... 3rd August 2017 · 1 min read
Nordic & Swiss Chart Pack Inflation pressures limited apart from in Sweden The latest inflation data for June suggest that underlying price pressures remain subdued in Switzerland and Norway, but continue to build in Sweden. In Switzerland, core inflation, which excludes... 14th July 2017 · 1 min read
