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
Europe Chart Pack Rise in core inflation confined to Germany While euro-zone headline CPI inflation fell to 1.3% in June, the core rate, which excludes the volatile food and energy components, rose from 0.9% to 1.1%. This left it above the 0.8% average recorded... 5th July 2017 · 1 min read
Nordic & Swiss Chart Pack Decent Q1 for most and surveys bode well for Q2 The latest national accounts data showed that quarterly GDP growth in most of the Nordic and Swiss economies picked up in Q1, led by Finland. The Finnish economy expanded by 1.2% q/q, followed by... 16th June 2017 · 1 min read
Europe Chart Pack Rising orders bode well for euro-zone exports Net trade probably contributed little to euro-zone GDP growth in Q1, but the outlook for exports is encouraging. The monthly goods export and import values data show a decline in the goods trade... 7th June 2017 · 1 min read
Nordic & Swiss Chart Pack Riksbank loosens while Norges Bank stands pat In the past month, central bank meetings have highlighted contrasts in the responses of policymakers towards inflation. In Sweden, inflation has been on an upward trend recently and is close to the... 12th May 2017 · 1 min read
Europe Chart Pack A rising tide lifts all boats Survey data suggest that economic momentum among the major euro-zone economies has converged in 2017. Indeed, in April the spread between the Composite PMIs for Germany, France, Italy and Spain was... 4th May 2017 · 1 min read
Nordic & Swiss Chart Pack Activity surveys point to faster growth Activity surveys suggest that economic growth in the largest Nordic and Swiss economies is set to pick up. In Switzerland, the KOF Business Barometer points to annual GDP growth rising from Q4’s 0.6%... 13th April 2017 · 1 min read
Europe Chart Pack Economy going strong, but core inflation weak Survey data for March added to the evidence that euro-zone growth gained pace in the first quarter. Meanwhile, headline consumer price inflation fell in March and appears to have passed its peak... 5th April 2017 · 1 min read
Nordic & Swiss Chart Pack Swiss economic outlook improves but deflation still a risk Although Switzerland’s economy registered another disappointing quarter of growth in Q4, expanding by just 0.1% q/q, business and consumer surveys paint a more positive picture for 2017. The KOF... 21st March 2017 · 1 min read
Europe Chart Pack Surveys point to a strong Q1 Survey data for February suggest that euro-zone GDP growth accelerated in Q1 following two healthy quarterly gains of 0.4% in the second half of last year. After February’s rise, the PMI pointed to an... 7th March 2017 · 1 min read
Nordic & Swiss Chart Pack Inflationary pressure rising in Sweden, fading in Norway While inflation fell in both Sweden and Norway in January, the outlook for prices in these countries differs significantly. Consumer price inflation in Sweden fell from 1.7% to 1.4% in January. But a... 21st February 2017 · 1 min read
Europe Chart Pack Steady labour market recovery continues Recent data on the euro-zone’s labour market have been encouraging. December’s decline in the unemployment rate to 9.6% left it at its lowest since May 2009. We expect the labour market recovery to... 1st February 2017 · 1 min read
Nordic & Swiss Chart Pack Q4 data point to pick-up in GDP growth On the whole, the activity data suggest that GDP growth in the Nordic and Swiss economies has picked up. Granted, Icelandic consumer confidence suggests that growth might have slowed slightly. But it... 25th January 2017 · 1 min read