Europe Data Response Euro-zone Unemployment (Mar.) & Final Manu. PMI (Apr.) March’s euro-zone unemployment figures maintained the picture of a gradual, but painfully slow, improvement in labour market conditions across the currency union. 2nd May 2014 · 1 min read
Europe Data Response Euro-zone Flash CPI (Apr.) April’s inflation figures might have eased some of the immediate pressure on the European Central Bank (ECB) to provide more policy support, but they did not alter the big picture of growing deflation... 30th April 2014 · 1 min read
Europe Data Response Euro-zone EC Survey (Apr.) The unexpected fall in the EC’s Economic Sentiment Indicator (ESI) in April might be a warning not to expect too much from the euro-zone recovery and further highlights the risk of deflation in the... 29th April 2014 · 1 min read
Europe Data Response German Ifo Survey (Apr.) April’s Ifo survey supported the message from other recent surveys that the steady recovery in the German economy has continued into the second quarter. But a further marked acceleration seems... 24th April 2014 · 1 min read
Europe Data Response Euro-zone Flash PMIs (Apr.) Despite the euro-zone composite PMI rising in April to its highest level in nearly three years, economic growth is not yet strong enough to diminish fears of deflation. 23rd April 2014 · 1 min read
Europe Data Response German ZEW Survey (Apr.) & Euro-zone Trade (Feb.) April’s ZEW survey brought further evidence of strength in the German economy. But the fall in expectations raises some concerns over the medium-term outlook. 15th April 2014 · 1 min read
Europe Data Response Euro-zone Industrial Production (Feb.) February’s euro-zone industrial production figures confirmed that the sector has made a weak start to 2014 and highlighted the slow and fragile recovery both in industry and in the euro-zone economy... 14th April 2014 · 1 min read
Europe Data Response Euro-zone Retail Sales (Feb.) & Final PMIs (Mar.) February’s retail sales data offered hope that the euro-zone’s recovery is slowly broadening to households, while the final PMIs suggest that the recovery may have strengthened in Q1. 3rd April 2014 · 1 min read
Europe Data Response Euro-zone Unemployment (Feb.) & Final Manu. PMI (Mar.) February’s euro-zone labour market figures underlined the fact that the economic recovery is still far too weak to make a significant dent in the high level of unemployment across the currency union. 1st April 2014 · 1 min read
Europe Data Response Euro-zone Flash CPI (Mar.) March’s fall in euro-zone consumer price inflation probably partly reflected temporary factors relating to the timing of Easter. But the weakness of inflation suggests that the ECB may need to take... 31st March 2014 · 1 min read
Europe Data Response Euro-zone EC Survey (Mar.) The rise in the European Commission’s Economic Sentiment Indicator (ESI) in March provides another indication that the euro-zone economic recovery has built up a little momentum in the early months of... 28th March 2014 · 1 min read
Europe Data Response German Ifo Survey (Mar.) March’s German Ifo survey echoed the message from other recent surveys that sentiment towards the economy might be starting to soften a little bit. But the current conditions index still points to... 25th March 2014 · 1 min read
Europe Data Response German ZEW Survey (Mar.) & Euro-zone Trade (Jan.) March’s ZEW survey showed that recent concerns over the international environment have had a negative effect on sentiment amongst German investors. But current conditions in the economy remain buoyant... 18th March 2014 · 1 min read
Europe Data Response Euro-zone Industrial Production (Jan.) January’s euro-zone industrial production figures got the year off to a disappointingly soft start and underline the fragility of the recovery in both industry and the broader economy. 12th March 2014 · 1 min read
Europe Data Response Portuguese GDP (Q4) The latest Portuguese GDP figures will bolster hopes that the Government can follow in Ireland’s footsteps and make a clean break from its bail-out later this year. 11th March 2014 · 1 min read
Europe Data Response Italian GDP (Q4) Italy exited its long recession in Q4. But the recovery will struggle to gather enough steam this year to erode the country’s crushing public debt load. 11th March 2014 · 1 min read