Europe Data Response Euro-zone Industrial Production (May) May’s increase in euro-zone industrial production does not alter our view that the sector will continue to act as a drag on overall GDP growth. 12th July 2012 · 1 min read
Europe Data Response German Industrial Production (May) May’s monthly bounce in German industrial production does not alter the picture of a sharp slowdown in the sector previously considered the economy’s main engine of growth. 6th July 2012 · 1 min read
Europe Data Response Euro-zone Unemp. & Final Man. PMI (May/Jun.) The latest data on labour market conditions and the manufacturing sector in the euro-zone confirm an overall picture of economic weakness. This provides a difficult backdrop against which European... 2nd July 2012 · 1 min read
Europe Data Response Euro-zone Flash CPI (Jun.) Euro-zone CPI inflation was unchanged in June, but this does not alter our view that it will fall sharply over the coming months and the ECB will cut interest rates at its meeting next week. 29th June 2012 · 1 min read
Europe Data Response Euro-zone EC Survey (Jun) June’s EC survey mirrors the picture from other timely indicators lately that the euro-zone is in a deepening and broadening recession. This further underlines the need for policymakers to come up... 28th June 2012 · 1 min read
Europe Data Response German Ifo Survey (Jun.) June’s German Ifo survey reinforced the message already given by the ZEW and PMI surveys earlier this week that the euro-zone’s main growth engine has stalled. 22nd June 2012 · 1 min read
Europe Data Response German ZEW Survey (Jun.) June’s plunge in the headline German ZEW index provides further support for the view that the intensifying debt crisis is starting to hit Germany pretty hard. 19th June 2012 · 1 min read
Europe Data Response Euro-zone Industrial Production (Apr.) April’s industrial production figures provided a further indication that the euro-zone’s narrow escape from technical recession in Q1 will not last very long. 13th June 2012 · 1 min read
Europe Data Response Euro-zone GDP (Q1) & German Industrial Production (Apr.) The second euro-zone GDP release for Q1 confirmed that the economy narrowly avoided a technical recession. But with April’s German industrial production data confirming that even the region’s... 6th June 2012 · 1 min read
Europe Data Response Euro-zone Unemp. & Final Man. PMI (Apr./May) The latest data on the state of the euro-zone labour market and manufacturing sector confirm that the economic downturn is broadening and gathering pace. This clearly further reduces policymakers’... 1st June 2012 · 1 min read
Europe Data Response Euro-zone Flash CPI & German Unemployment (May) May’s fall in euro-zone CPI inflation and the drop in the German unemployment rate were rare pieces of good news for the beleaguered euro-zone. But the recent sharp falls in measures of business... 31st May 2012 · 1 min read
Nordic & Swiss Data Response Swedish GDP (Q1 12) The Swedish GDP figures for Q1 suggest that the economy is withstanding the eurozone fiscal crisis pretty well. But we still think that Sweden is set for a bumpy ride andthat the Riksbank will reduce... 30th May 2012 · 1 min read
Europe Data Response Euro-zone EC Survey (May) May’s EC business and consumer survey underlined the enormity of the task facing euro-zone policymakers if they are going to convert the growing “consensus” on the need for stronger growth across the... 30th May 2012 · 1 min read
Europe Data Response Swedish GDP (Q1) The Swedish GDP figures for Q1 suggest that the economy is withstanding the euro-zone fiscal crisis pretty well. But we still think that Sweden is set for a bumpy ride and that the Riksbank will... 30th May 2012 · 1 min read
Europe Data Response Euro-zone Composite PMI & German Ifo Survey (May) May’s business surveys confirmed the picture of falling economic activity in the euro-zone as a whole and suggest that the downturn has now really hit Germany. 24th May 2012 · 1 min read
Nordic & Swiss Data Response Norwegian GDP (Q1 12) GDP data for Q1 this year showed Norway’s economy expanding at a very healthy pace. But on balance, we think the adverse effects of the euro-zone debt crisis will prompt Norges Bank to cut its key... 22nd May 2012 · 1 min read
