Europe Data Response German Ifo Survey (Apr.) April’s German Ifo survey supports the message from other surveys like the PMI and ZEW that growth is still fairly slow . This suggests that underlying inflation will remain subdued and perhaps... 25th April 2016 · 1 min read
Europe Data Response Euro-zone Flash PMIs (Apr.) The small fall in April’s euro-zone PMI suggests that the weakening of the region’s activity surveys this year has been due to more than just concerns about overseas demand, which have eased recently... 22nd April 2016 · 1 min read
Europe Data Response German ZEW (Apr.) April’s rise in German ZEW investor sentiment reflected easing concerns about the global economic environment. But perceptions of current conditions in Germany have weakened, supporting our view that... 19th April 2016 · 1 min read
Europe Data Response Euro-zone Industrial Production (Feb.) Despite February’s fall in industrial production, the sector looks likely to have had a fairly strong Q1. But survey evidence suggests that this is unlikely to be sustained. 13th April 2016 · 1 min read
Europe Data Response German Industrial Production (Feb.) February’s surprisingly small fall in German industrial production offers hope of a pick-up in GDP growth in the first quarter. But it is too early to conclude that the euro-zone’s main growth engine... 6th April 2016 · 1 min read
Europe Data Response Euro-zone Retail Sales (Feb.) & Final PMIs (Mar.) February’s euro-zone retail sales data point to strong consumer spending growth in Q1, but we doubt that this will be sustained. And the downward revision to March’s Composite PMI added to signs that... 5th April 2016 · 1 min read
Europe Data Response Euro-zone Unemployment & Producer Prices (Feb.) February’s fall in euro-zone unemployment suggests that the labour market remains in reasonable health, but it is still too weak to generate any real inflationary pressure. 4th April 2016 · 1 min read
Europe Data Response EC Business & Consumer Survey, German HICP (Mar.) March’s falls in euro-zone business and consumer confidence support other evidence that the region’s slow recovery is losing pace. 30th March 2016 · 1 min read
Europe Data Response Euro-zone Flash PMIs, German Ifo & ZEW (Mar.) The euro-zone PMI and German Ifo and ZEW surveys for March suggest that the slowdown in activity seen at the start of the year has eased, but the surveys still point to only modest growth in Q1 as a... 22nd March 2016 · 1 min read
Europe Data Response Euro-zone Trade (Jan.) & Final CPI (Feb.) January’s euro-zone goods trade data showed that export growth slowed again at the start of 2016, suggesting that the previous small boost from the weaker euro has faded. We expect the region’s trade... 17th March 2016 · 1 min read
Europe Data Response Swedish Consumer Prices (Feb.) The renewed fall in Sweden’s inflation rate in February was largely down to movements in energy prices. But with underlying price pressures still largely absent, the Riksbank may well need to take... 15th March 2016 · 1 min read
Nordic & Swiss Data Response Swedish Consumer Prices (Feb. 16) The renewed fall in Sweden’s inflation rate in February was largely down to movements in energy prices. But with underlying price pressures still largely absent, the Riksbank may well need to take... 15th March 2016 · 1 min read
Europe Data Response Euro-zone Industrial Production (Jan.) January’s strong rise in euro-zone industrial production was probably just a blip. Survey evidence suggests that the sector remains too weak to prevent the region’s economic recovery from slowing this... 14th March 2016 · 1 min read
Europe Data Response Ireland GDP (Q4) In Q4, Ireland’s economy recorded another rapid expansion, but we are not too concerned about the economy overheating. Growth is likely to slow this year and price pressures appear to be fairly weak... 10th March 2016 · 1 min read
Europe Data Response French Industrial Production & German Trade (Jan.) January’s rise in French industrial production supports the message from German data that the sector had a good start to the year. But German exports fell in January, suggesting that softer global... 10th March 2016 · 1 min read
