Europe Data Response Euro-zone Final PMIs (Jul.) & Retail Sales (Jun.) July’s final PMI surveys improved the chances that the euro-zone is about to move out of recession. But the continued weakness of consumer activity adds to the doubts over the likely strength and... 5th August 2013 · 1 min read
Europe Data Response Euro-zone Flash CPI (Jul.) & Unemployment (Jun.) The latest news on euro-zone unemployment and inflation injected a slight note of caution after the recent run of better news from the region. 31st July 2013 · 1 min read
Europe Data Response Euro-zone EC Survey (Jul.) July’s EC survey added to evidence that the downturn in the euro-zone is easing, but it certainly did not point to a strong recovery. 30th July 2013 · 1 min read
Europe Data Response Swedish GDP (Q2 13) Credit growth slowed last month, a sign that the cash crunch delivered some of what policymakers were hoping for. But credit is still expanding more than twice as fast as economic output, which means... 30th July 2013 · 1 min read
Nordic & Swiss Data Response Swedish GDP (Q2 13) The fall in Swedish GDP in Q2, which mainly reflected a sharp slowdown in household spending, supports our long-held view that the consensus expectation for a steady acceleration in economic growth... 30th July 2013 · 1 min read
Europe Data Response German Ifo Survey (Jul.) July’s small rise in the German Ifo added to evidence that the economy is gathering momentum, but the recovery is likely to be relatively modest. 25th July 2013 · 1 min read
Europe Data Response Euro-zone Flash PMIs (Jul.) & ECB Bank Lending Survey (Q2) The rise in the euro-zone PMI in July provides further evidence that the region may be exiting recession. But with credit conditions still tight and fiscal policy set to remain contractionary, a... 24th July 2013 · 1 min read
Europe Data Response Spanish GDP (Q2 est.) Initial estimates of Spanish GDP growth in Q2 suggest that the pace of contraction continued to moderate. Nonetheless, we still think that suggestions that Spain is on the cusp of an economic recovery... 23rd July 2013 · 1 min read
Europe Data Response German ZEW Survey (Jul.) & Euro-zone Trade (May) German investor sentiment weakened in July as disappointing hard data and troubles in Portugal reminded investors that the euro-zone crisis is far from over. And May’s sharp fall in euro-zone exports... 16th July 2013 · 1 min read
Europe Data Response Euro-zone Industrial Production (May 13) May’s euro-zone industrial production data show that the sector cannot be relied upon to generate a strong and sustained recovery. 12th July 2013 · 1 min read
Europe Data Response German Industrial Production & Trade (May 13) May’s falls in German exports and industrial production add to evidence that the recovery in the euro-zone’s largest economy will be very modest. 8th July 2013 · 1 min read
Europe Data Response Euro-zone Flash CPI (Jun.) & Unemployment (May) The latest euro-zone inflation and labour market figures brought a slight note of caution after the recent improvement in some of the region’s activity indicators. 1st July 2013 · 1 min read
Europe Data Response Euro-zone EC Survey (Jun.) The EC consumer and business survey for June made pretty encouraging reading, but it remains too soon to conclude that the euro-zone is on the cusp of an economic recovery. 27th June 2013 · 1 min read
Europe Data Response German Ifo Survey (Jun.) June’s German Ifo survey echoed the slightly firmer tone of other recent indicators. But it certainly did not suggest that the euro-zone’s biggest economy is embarking on a spectacular recovery. 24th June 2013 · 1 min read
Europe Data Response Euro-zone Flash PMIs (Jun.) June’s euro-zone PMI survey continued the upward trend of recent months, but still suggests that the euro-zone economy contracted for a seventh quarter running in Q2. 20th June 2013 · 1 min read
Europe Data Response German ZEW Survey (Jun.) The rise in the headline ZEW index in June reinforced other data in pointing to an acceleration in the German economy. But while expectations picked up, the ‘current situation’ component fell again. 18th June 2013 · 1 min read