Europe Data Response

E-Z CPI, Final Manu. PMI & ECB Bank Lending Survey (Jan.)

The latest euro-zone economic data do nothing to alter our view that the region is set for another tough year, even if policymakers implement further measures to help bring the debt crisis to an end.

1st February 2012 · 1 min read

Europe Data Response

Euro-zone Unemployment (Dec.)

December’s euro-zone unemployment figures revealed a further increase that will add to the downward pressure on consumer spending in the coming months.

31st January 2012 · 1 min read

Europe Data Response

Euro-zone EC Survey (Jan.) & Spanish GDP (Q4)

January’s improvement in the EC’s euro-zone business and consumer surveys is something of a relief, but the headline index still points to a renewed recession.

30th January 2012 · 1 min read

Europe Data Response

German Ifo Survey (Jan)

January’s rise in the German Ifo index suggests that the economy is holding up relatively well, but activity is nowhere near strong enough to provide a meaningful boost to the euro-zone’s periphery.

25th January 2012 · 1 min read

Europe Data Response

Euro-zone Flash PMIs (Jan.)

January’s increase in the euro-zone composite PMI is certainly an encouraging sign, but the survey still suggests that the region is in recession.

24th January 2012 · 1 min read

Europe Data Response

German ZEW Survey (Jan.) & Euro-zone Final CPI (Dec.)

January’s sharp monthly rise in the German ZEW index is certainly an encouraging sign, but the index still points to tough times ahead.

17th January 2012 · 1 min read

Europe Data Response

Euro-zone Industrial Production (Nov.)

November’s euro-zone industrial production data provided further evidence that the economy as a whole may have fallen back into recession in Q4.

12th January 2012 · 1 min read

Europe Data Response

German Industrial Production & Trade (Nov.)

November’s fall in German industrial production confirmed that the recovery in what had been the strongest sector of the euro-zone’s strongest economy has gone into reverse.

9th January 2012 · 1 min read

Europe Data Response

Euro-zone EC Survey (Dec.), Unemployment & Retail Sales (Nov.)

December’s fall in the EC survey of euro-zone economic sentiment, together with November’s drop in retail sales and the still high rate of unemployment, confirms that the euro-zone economy is in a...

6th January 2012 · 1 min read

Europe Data Response

Euro-zone Flash CPI & Final PMI (Dec.)

The latest euro-zone inflation and PMI business activity data do nothing to alter our view that the euro-zone is set for another very tough year in 2012.

4th January 2012 · 1 min read

Europe Data Response

Italian GDP (Q3)

Italy’s Q3 GDP figures add to evidence that the economy has probably already re-entered recession, despite the fact that the fiscal squeeze there has barely started. With the economy set to contract...

21st December 2011 · 1 min read

Europe Data Response

German Ifo Survey (Dec.)

The small rise in the German Ifo index in December was a welcome surprise, but it hardly transforms the outlook for the economy.

20th December 2011 · 1 min read

Europe Data Response

Euro-zone Flash PMIs (Dec.), Emp. (Q3) & HICP Inflation (Nov.)

December’s rise in the euro-zone composite PMI did nothing to alter our view that the region is heading into a fairly deep recession, regardless of how the debt crisis develops.

15th December 2011 · 1 min read

Europe Data Response

Euro-zone Industrial Production (Oct.)

October’s euro-zone industrial production data add to evidence that the wider economy may have contracted pretty sharply in Q4.

14th December 2011 · 1 min read

Europe Data Response

German ZEW Survey (Dec.)

Despite rising slightly in December, the German ZEW index points to a risk of recession in the coming months.

13th December 2011 · 1 min read