Europe Data Response Norwegian GDP (Q1) 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
Europe Data Response Euro-zone GDP (Q1) & German ZEW (May) The provisional Q1 euro-zone GDP figures revealed that the economy has narrowly avoided a technical recession – temporarily. But the region remains worryingly reliant on growth in Germany and a... 15th May 2012 · 1 min read
Europe Data Response Euro-zone Industrial Production (Mar.) March’s euro-zone industrial production data confirm the weak underlying health of the sector and support the view that the outlook for the wider economy remains pretty bleak. 14th May 2012 · 1 min read
Europe Data Response German Industrial Production (Mar.) March’s sharp rise in German industrial production reduces the risk that the economy is already in recession. But the underlying picture is still one of a sharp slowdown in the sector which will leave... 8th May 2012 · 1 min read
Europe Data Response Euro-zone Unemp. & Final Man. PMI (Mar./Apr.) The latest data on the state of the euro-zone labour market and manufacturing sector underline the enormity of the challenge facing policymakers to respond the growing calls for growth across the... 2nd May 2012 · 1 min read
Europe Data Response Euro-zone Flash CPI (Apr.) & Spanish GDP (Q1) April’s euro-zone CPI inflation data confirmed that inflation remains stubbornly high. Over the coming months, we expect inflation to fall, but only gradually, ensuring that the squeeze on households’... 30th April 2012 · 1 min read
Europe Data Response Euro-zone EC Survey (Apr.) April’s EC business and consumer survey confirmed the downbeat picture painted by other recent indicators and dashed any lingering hopes that the euro-zone economy may escape a double-dip recession. 26th April 2012 · 1 min read
Europe Data Response Euro-zone Flash PMIs (Apr.) The pace of decline within both euro-zone manufacturing and services quickened during the month. The composite euro-zone flash PMI supports our view that the region will experience recessionary... 23rd April 2012 · 1 min read
Europe Data Response German Ifo Survey (Apr.) Today’s German Ifo survey came in ahead of market expectations, although it posted only a small improvement compared with March. Predictions that the German economy will be strong enough to pull the... 20th April 2012 · 1 min read
Europe Data Response German ZEW Survey (April) Today’s improvement in the ZEW economic sentiment survey is consistent with resilience being shown by the German economy. But it is unclear that this optimism can be maintained given the nature of the... 17th April 2012 · 1 min read
Europe Data Response Euro-zone Industrial Production (Feb.) February’s euro-zone industrial production figures were boosted by temporary factors and do not alter the bleak outlook for the overall economy. 12th April 2012 · 1 min read
Europe Data Response German Industrial Production (Feb.) Germany’s February industrial production figures brought further signs that the former engine of the euro-zone economic recovery has gone sharply into reverse. 5th April 2012 · 1 min read
Europe Data Response Euro-zone Unemployment (Feb.) February’s rise in euro-zone unemployment confirmed that the resilience of the German labour market is doing little to drag up the average. With high inflation and fiscal tightening adding to the... 2nd April 2012 · 1 min read
Europe Data Response Euro-zone Flash CPI & German Retail Sales (Mar./Feb.) March’s euro-zone CPI inflation data confirmed that stubbornly high inflation is adding to the squeeze on households’ purchasing power from rising unemployment and fiscal tightening. 30th March 2012 · 1 min read
Europe Data Response Euro-zone EC Survey (Mar.) March’s EC business and consumer survey echoed other indicators in suggesting that what “recovery” there was in the euro-zone economy has already ground to a halt. 29th March 2012 · 1 min read
Europe Data Response German Ifo Survey (Mar.) March’s rise in the German Ifo Business Climate Indicator suggested that the economy remains resilient. But the increase was the smallest for some time and other business surveys paint a less upbeat... 26th March 2012 · 1 min read
