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
Europe Data Response German & Italian Industrial Production (Oct.) October’s German and Italian industrial production data do little to alter the likelihood that the euro-zone has fallen back into recession in the fourth quarter. 7th December 2011 · 1 min read
Europe Data Response Euro-zone GDP Breakdown (Q3) The breakdown of euro-zone Q3 GDP does nothing to alter our view that the region is on the brink of another deep recession. 6th December 2011 · 1 min read