Nordic & Swiss Data Response Swedish Consumer Prices (Jan. 16) 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
Europe Data Response Norwegian GDP (Q4) In 2015, growth in Norway’s mainland economy slowed to its weakest pace in six years. And low oil prices seem likely to continue to weigh on the economy. We suspect that this will prompt the Norges... 16th February 2016 · 1 min read
Nordic & Swiss Data Response Norwegian GDP (Q4 15) In 2015, growth in Norway’s mainland economy slowed to its weakest pace in six years. And low oil prices seem likely to continue to weigh on the economy. We suspect that this will prompt the Norges... 16th February 2016 · 1 min read
Europe Data Response Euro-zone Trade (Dec.) Despite the decline in the euro-zone’s goods trade surplus in December, net exports probably increased in Q4 as a whole, raising GDP. Nevertheless, we suspect that net trade will make little... 15th February 2016 · 1 min read
Europe Data Response Euro-zone GDP (Q4 Prov.) The fact that euro-zone GDP growth did not slow in Q4 last year provides little comfort in the current environment of global market turmoil and does not preclude the need for further decisive policy... 12th February 2016 · 1 min read
Europe Data Response French & Italian Industrial Production (Dec.) December’s weak industrial production data from France and Italy showed that the sector is still struggling and add to the risk that euro-zone GDP growth slowed in Q4. 10th February 2016 · 1 min read
Europe Data Response German Industrial Production & Trade (Dec.) December’s shockingly weak industrial production figures suggest the German economy barely grew in Q4 and pile further pressure on the ECB to match its dovish words with decisive action at its March... 9th February 2016 · 1 min read
Europe Data Response Euro-zone Retail Sales (Dec.) & Final PMIs (Jan.) December’s euro-zone retail sales data suggest that the consumer sector lost some steam at the end of last year. And the final PMIs for January added to the evidence that the wider recovery had a slow... 3rd February 2016 · 1 min read
Europe Data Response Euro-zone Unemployment & Producer Prices (Dec.) December’s fall in euro-zone unemployment was encouraging, but the rate remains too high to boost wage growth. And the still deeply negative rate of producer price inflation points to more... 2nd February 2016 · 1 min read
Europe Data Response Euro-zone Flash CPI (Jan.) January’s small rise in euro-zone CPI inflation presents no impediment to decisive additional policy loosening by the European Central Bank (ECB) at its next meeting in March. 29th January 2016 · 1 min read
Europe Data Response France, Spain & Austria GDP (Q4, 1st est.) Provisional Q4 GDP data from France, Spain and Austria suggested that the euro-zone’s modest economic recovery is unlikely to have gathered steam in the final quarter of last year, providing a weak... 29th January 2016 · 1 min read
Europe Data Response German Flash CPI (Jan.) January’s German CPI data revealed a slight rise in inflation following weather-related weakness in December. But while the rate is set to rise further in the months ahead, underlying inflation... 28th January 2016 · 1 min read
Europe Data Response EC Business & Consumer Survey (Jan.) January’s EC consumer and business survey supported the message from other survey indicators that the euro-zone’s economy slowed at the start of the year. 28th January 2016 · 1 min read
Europe Data Response German Ifo Survey (Jan.) January’s German Ifo survey brought the strongest signals yet that the recent global economic concerns and associated financial market gyrations have started to hit the euro-zone’s biggest economy. 25th January 2016 · 1 min read
Europe Data Response Euro-zone Flash PMIs (Jan.) January’s decline in the euro-zone Composite PMI suggests that the economy got off to a slow start this year. With the twin boosts from previous sharp falls in oil prices and the euro set to fade, a... 22nd January 2016 · 1 min read
Europe Data Response German ZEW (Jan.) January’s German ZEW survey confirmed that recent turbulence in global financial markets and the soft tone of the domestic hard data have dented investor sentiment. 19th January 2016 · 1 min read
