Europe Data Response

Euro-zone Preliminary Flash GDP (Q2) & Flash CPI (July)

The “preliminary flash” estimate of euro-zone GDP confirmed the message from national data that the economy slowed in Q2. We think that this slowdown in growth is a sign of things to come.

29th July 2016 · 1 min read

Europe Data Response

Swedish GDP (Q2, 1st Estimate)

The first estimate of Sweden’s GDP in Q2 was much weaker than expected, and the release also revealed a downward revision to growth in what was an already-soft Q1.

29th July 2016 · 1 min read

Europe Data Response

German Flash CPI (Jul.)

July’s rise in German inflation further into positive territory is likely to be followed by continued increases in the coming months. But even in Germany, we do not think that inflation is on track to...

28th July 2016 · 1 min read

Europe Data Response

EC Business & Consumer Survey (July)

July’s rise in the euro-zone Economic Sentiment Indicator suggests that businesses and consumers have so far largely shrugged off the negative economic implications of the UK’s Brexit vote.

28th July 2016 · 1 min read

Nordic & Swiss Data Response

Swedish GDP (Q2 16, 1st Estimate)

The first estimate of Sweden’s GDP in Q2 was much weaker than expected, and the release also revealed a downward revision to growth in what was an already-soft Q1.

27th July 2016 · 1 min read

Europe Data Response

German Ifo Survey (July)

July’s Ifo survey supported the message from the PMI that German economic activity has not yet suffered from the UK’s Brexit vote. But the dip in businesses’ expectations may suggest that a slowdown...

25th July 2016 · 1 min read

Europe Data Response

Euro-zone Flash PMIs (July)

July’s slight fall in the euro-zone Composite PMI suggests that the real economy has generally shrugged off the financial market volatility that followed the UK’s Brexit vote, but remains sluggish.

22nd July 2016 · 1 min read

Europe Data Response

German ZEW Survey (Jul.) & E-Z Bank Lending Survey (Q2)

July’s German ZEW Survey, which was conducted over the past two weeks, suggests that investors are more worried about the effects of Brexit on the German economy than the financial market response has...

19th July 2016 · 1 min read

Europe Data Response

Euro-zone Trade (May) & Final CPI (Jun.)

May’s euro-zone goods trade data suggest that net exports will have cushioned the likely slowdown in GDP growth in Q2. Further ahead, we expect the trade surplus to narrow further this year, as slower...

15th July 2016 · 1 min read

Europe Data Response

Euro-zone Industrial Production (May)

May’s fall in euro-zone industrial production reversed almost all of April’s strong gain and suggests that industry will probably detract from euro-zone GDP growth in Q2.

13th July 2016 · 1 min read

Europe Data Response

Ireland GDP (Q1)

Looking through the massive distortions in the Irish GDP data, today’s Q1 release suggests that the economy has continued to perform well.

13th July 2016 · 1 min read

Europe Data Response

Swedish Consumer Prices (June)

Swedish inflation hit a four-year high in June, but it is still low. So although domestic price pressures are rising, the Riksbank may still have to take further policy action.

12th July 2016 · 1 min read

Nordic & Swiss Data Response

Swedish Consumer Prices (June 16)

The Riksbank minutes confirm a readiness to act if conditions deteriorate in the wake of the UK’s Brexit vote. But there are signs of diminishing appetite for further measures from some members.

12th July 2016 · 1 min read

Europe Data Response

French Industrial Production & German Trade (May)

May’s decline in French industrial production only partly reversed April’s gain but combined with falls elsewhere leaves euro-zone industry looking weak. And Germany’s trade balance fell from its...

8th July 2016 · 1 min read

Europe Data Response

German Industrial Production (May)

May’s sharp fall in German industrial production adds to the evidence that GDPgrowth in the region’s largest economy slowed sharply in Q2. And the recoverylooks likely to ease further in the second...

7th July 2016 · 1 min read