Europe Data Response Euro-zone CPI (Final, May) & Employment (Q1) May’s small fall in euro-zone CPI inflation is unlikely to prevent the ECB from hiking interest rates again in July. But with Q1’s weak employment figures supporting our view that domestic demand will... 17th June 2011 · 1 min read
Europe Data Response Euro-zone Industrial Production (Apr.) April’s euro-zone industrial production figures supported the view that the recovery in the wider economy has peaked and that growth may slow quite sharply in Q2 . 16th June 2011 · 1 min read
Europe Data Response Euro-zone GDP Breakdown (Q1) The breakdown of euro-zone Q1 GDP provided some support to our view that the pace of recovery in the region peaked in the first quarter and that growth is likely to be materially slower in Q2 and... 8th June 2011 · 1 min read
Europe Data Response Euro-zone Retail Sales (Apr.) April’s pick-up in euro-zone retail sales may look like an encouraging sign that euro-zone consumers are defying the fiscal squeeze. But the bounce is likely to have been a one-off boosted by Easter... 7th June 2011 · 1 min read
Europe Data Response Swiss GDP (Q1) The Swiss economy expanded only modestly in the first quarter of this year. With the strong franc likely to hit exports over the coming quarters, growth looks likely to remain fairly lacklustre. 31st May 2011 · 1 min read
Europe Data Response Euro-zone Flash CPI & Unemployment (May/Apr.) May’s slight drop in euro-zone CPI inflation is unlikely to prompt the ECB to tone down its hawkishness. Interest rates are set to rise again in July. 31st May 2011 · 1 min read
Nordic & Swiss Data Response Swiss GDP (Q1 11) The Swiss economy expanded only modestly in the first quarter of this year. With the strong franc likely to hit exports over the coming quarters, growth looks likely to remain fairly lacklustre. 31st May 2011 · 1 min read
Europe Data Response German Flash CPI (May) May’s unexpected fall in German CPI, which was probably driven by a drop in the core rate, is a welcome sign that inflationary pressures in the region may not be as great as the ECB think. 27th May 2011 · 1 min read
Europe Data Response Euro-zone EC Survey (May) May’s EC business and consumer survey brought further signs that the economic recovery in the euro-zone is starting to lose steam and hence dented hopes that continued strong growth in the core will... 27th May 2011 · 1 min read
Europe Data Response Swedish GDP (Q1) Q1’s GDP figures confirmed that Sweden’s impressive recovery continued at the start of this year and will ensure that the Riksbank will continue to raise interest rates at a faster pace than other... 27th May 2011 · 1 min read
Nordic & Swiss Data Response Swedish GDP (Q1 11) Q1’s GDP figures confirmed that Sweden’s impressive recovery continued at the start of this year and will ensure that the Riksbank will continue to raise interest rates at a faster pace than other... 27th May 2011 · 1 min read
Europe Data Response German Final GDP (Q1) & Ifo Survey (May) May’s Ifo survey suggests that Germany’s impressive economic recovery continued in Q2. But with other surveys weakening recently and the GDP breakdown suggesting that Q1’s sharp rise in activity was... 24th May 2011 · 1 min read
Europe Data Response Euro-zone Flash PMIs (May) May’s sharp fall in the flash euro-zone Purchasing Managers’ Index (PMI), driven by developments in France and Germany, brought the strongest signs yet that the core economies’ recoveries are losing... 23rd May 2011 · 1 min read
Europe Data Response German ZEW (May) May’s fall in the headline ZEW index adds to evidence that the German economic recovery may be starting to slow. 17th May 2011 · 1 min read
Europe Data Response Euro-zone CPI (Final, Apr.) & Trade (Mar.) April’s sharp rise in core inflation is probably not as worrying as it may seem, but it will do nothing to ease the ECB’s inflation concerns, suggesting that the Bank may raise interest rates again in... 16th May 2011 · 1 min read
Europe Data Response Euro-zone GDP (Q1) Q1’s 0.8% gain in euro-zone GDP has got the year off to a solid start and we have revised our full-year growth forecast up from 1.0% to 1.5%. But with the divergences in the region still widening... 13th May 2011 · 1 min read
