Europe Data Response Iceland GDP (Q4) Although Icelandic GDP contracted in the final quarter of last year, the big picture is that annual GDP growth accelerated sharply in 2015. 10th March 2016 · 1 min read
Nordic & Swiss Data Response Iceland GDP (Q4 15) Although Icelandic GDP contracted in the final quarter of last year, the big picture is that annual GDP growth accelerated sharply in 2015. 10th March 2016 · 1 min read
Europe Data Response Euro-zone GDP Breakdown (Q4) The second estimate of euro-zone GDP in Q4 showed that the consumer recovery, which boosted growth last year, is losing steam. With recent evidence that growth is slowing and inflation expectations... 8th March 2016 · 1 min read
Europe Data Response German Industrial Production (Jan.) January’s surprisingly strong gain in German industrial production is unlikely to signal the start of a lasting recovery and hence should not discourage the ECB from further bold policy loosening on... 8th March 2016 · 1 min read
Europe Data Response Euro-zone Retail Sales (Jan.) & Final PMIs (Feb.) January’s euro-zone retail sales data provided some relief that the consumer sector did not lose as much steam as had been feared around the turn of the year. But the outlook for the sector is... 3rd March 2016 · 1 min read
Europe Data Response Swiss GDP (Q4) Q4’s rise in Swiss GDP came as a relief given the uncertain global environment and strength of the franc. But with persistent deflation posing a serious threat to the economy, we still see the SNB... 2nd March 2016 · 1 min read
Nordic & Swiss Data Response Swiss GDP (Q4 15) Q4’s rise in Swiss GDP came as a relief given the uncertain global environment ands trength of the franc. But with persistent deflation posing a serious threat to the economy, we still see the SNB... 2nd March 2016 · 1 min read
Europe Data Response Euro-zone Unemployment (Jan.) & Manufacturing PMI (Feb.) January’s fall in euro-zone unemployment was encouraging, but the rate remains too high to boost wage growth. And survey evidence suggests that the labour market recovery is starting to slow. 1st March 2016 · 1 min read
Europe Data Response Euro-zone Flash CPI (Feb.) February’s drop in euro-zone CPI inflation back into negative territory clearly intensifies the pressure on the ECB to announce a decisive increase in its policy support following its meeting next... 29th February 2016 · 1 min read
Europe Data Response Swedish & Danish GDP (Q4) Although Sweden’s economic boom continued in Q4 2015, strong domestic demand has not yet fuelled inflationary pressures. As such, we continue to think that the Riksbank will need to ease policy... 29th February 2016 · 1 min read
Nordic & Swiss Data Response Swedish & Danish GDP (Q4 15) Although Sweden’s economic boom continued in Q4 2015, strong domestic demand has not yet fuelled inflationary pressures. As such, we continue to think that the Riksbank will need to ease policy... 29th February 2016 · 1 min read
Europe Data Response German, French & Spanish Flash CPI (Feb.) German CPI data revealed that inflation fell back below zero in February and, alongside weak readings for French and Spanish inflation, suggested that the eurozone has re-entered deflation. 26th February 2016 · 1 min read
Europe Data Response EC Business & Consumer Survey (Feb.) February’s EC consumer and business survey supported the message from other survey indicators that the euro-zone’s economy is slowing. 26th February 2016 · 1 min read
Europe Data Response German Ifo Survey (Feb.) & GDP Breakdown (Q4) February’s sharper-than-expected decline in the German Ifo Business Climate Indicator (BCI) added to the evidence that growth there is slowing and further justified additional ECB policy support. 23rd February 2016 · 1 min read
Europe Data Response Euro-zone Flash PMIs (Feb.) February’s sharp decline in the euro-zone Composite PMI supported other evidence that the region’s recovery has slowed in Q1 and added to pressure on the ECB to provide further decisive policy support... 22nd February 2016 · 1 min read
Europe Data Response Swedish Consumer Prices (Jan.) Although Sweden’s headline inflation rate rose by more than expected in January, the upward trend is far from assured. As such, we still see a strong possibility of additional policy easing by the... 18th February 2016 · 1 min read
