Europe Data Response German ZEW (Feb.) February’s further improvement in ZEW investor sentiment provided some reassurance that confidence in the German economy is holding up despite the ongoing turmoil in Greece. But this could prove short... 17th February 2015 · 1 min read
Europe Data Response Swedish CPI (Jan.) The unexpected rise in Sweden’s headline inflation rate in January will be welcomed by the Riksbank but with prices still falling on an annual basis, we think the central bank will need to cut the... 17th February 2015 · 1 min read
Nordic & Swiss Data Response Swedish CPI (Jan. 15) The unexpected rise in Sweden’s headline inflation rate in January will be welcomed by the Riksbank but with prices still falling on an annual basis, we think the central bank will need to cut the... 17th February 2015 · 1 min read
Europe Data Response Euro-zone Trade (Dec.) The latest euro-zone trade data revealed that exporters are still not fully benefiting from the depreciation of the euro. 16th February 2015 · 1 min read
Europe Data Response Euro-zone GDP (Q4 Prov.) Q4’s slight pick-up in euro-zone GDP growth suggests that the benefits of a falling oil price and a weaker euro are offsetting the effects of the Greek crisis for now. But growth is too weak to reduce... 13th February 2015 · 1 min read
Europe Data Response Euro-zone Industrial Production (Dec.) December’s disappointing stagnation of euro-zone industrial production confirmed that the region’s economy remains far too weak to ward off the threat of deflation. 12th February 2015 · 1 min read
Europe Data Response Norwegian GDP (Q4) Q4’s solid gain in mainland GDP maintained Norway’s position as the strongest of the Nordic economies. But the ongoing effects of the fall in oil prices are likely to depress growth further over the... 11th February 2015 · 1 min read
Nordic & Swiss Data Response Norwegian GDP (Q4 16) Q4’s solid gain in mainland GDP maintained Norway’s position as the strongest of the Nordic economies. But the ongoing effects of the fall in oil prices are likely to depress growth further over the... 11th February 2015 · 1 min read
Nordic & Swiss Data Response Swiss & Danish CPI (Jan. 15) January’s falls in Swiss and Danish CPI inflation into or further into negative territory highlight the need for central banks to do more to prevent their respective currencies appreciating further... 10th February 2015 · 1 min read
Europe Data Response German & Spanish Industrial Production (Dec.) December’s industrial production data for Germany and Spain show few signs that the export-sensitive areas of the euro-zone economy have yet received a boost from the drop in the euro exchange rate. 6th February 2015 · 1 min read
Europe Data Response Euro-zone Flash CPI (Jan.) & Unemployment (Dec.) January’s drop in core euro-zone inflation to a record low brought further confirmation that deflationary pressures in the currency union go well beyond the effect of falling oil and energy prices. 30th January 2015 · 1 min read
Europe Data Response Spanish GDP (Q4 est.) While Spain’s economy continued to grow solidly in Q4 last year, deepening deflation pressures threaten to de-rail the recovery. 30th January 2015 · 1 min read
Europe Data Response German Flash CPI & Unemployment (Jan.) January’s drop in German HICP inflation well into negative territory highlights the strength of deflationary pressures in even the euro-zone’s strongest economies. While falls in prices should prove... 29th January 2015 · 1 min read
Europe Data Response Euro-zone EC Survey (Jan.) January’s small rise in the EC Economic Sentiment Indicator (ESI) did little to change the picture of very subdued growth in the euro-zone at the start of this year. 29th January 2015 · 1 min read
Europe Data Response German Ifo Survey (Jan.) January’s rise in the German Ifo index suggests that fears about the effect of the Greek crisis on the German economy have so far been offset by the perceived benefits of a weaker euro and ECB... 26th January 2015 · 1 min read
Europe Data Response Euro-zone Flash PMIs (Jan.) January’s small rise in the euro-zone composite PMI suggested that growth has remained very slow at the start of this year, confirming that the ECB’s latest policy support is sorely needed. 23rd January 2015 · 1 min read
