Europe Data Response Euro-zone Retail Sales (Jun.) & Final PMIs (Jul.) The sharp drop in euro-zone retail sales in June suggests that consumer spending growth slowed in Q2. But July’s final Composite PMI implies that the wider economy maintained a steady pace of... 5th August 2015 · 1 min read
Europe Data Response Euro-zone Flash CPI (Jul.) & Unemployment (Jun.) Euro-zone inflation was well below target in July and renewed rises in unemployment suggest that disinflationary forces remain strong. 31st July 2015 · 1 min read
Europe Data Response German Flash CPI (Jul.) July’s inflation data confirmed that price pressures in Germany are very subdued, underlining the need for continued and perhaps increased ECB policy support. 30th July 2015 · 1 min read
Europe Data Response Ireland GDP (Q1) Ireland's economy went like the clappers in Q1, setting the country up for another year as the euro-zone's fastest-growing economy. 30th July 2015 · 1 min read
Europe Data Response EC Business & Consumer Survey (Jul.) The European Commission’s monthly Business and Consumer Survey for July provided some reassurance that the euro-zone economic recovery has retained some momentum in the third quarter. But growth... 30th July 2015 · 1 min read
Europe Data Response Swedish GDP (Q2, Prov.) The provisional estimate of Swedish Q2 GDP revealed that the economic recovery regained some momentum after the disappointing start to the year. But we doubt that it will prevent the Riksbank from... 30th July 2015 · 1 min read
Europe Data Response Spanish GDP (Q2 est.) & HICP (Jul.) While Spain’s economic recovery gathered more pace in the second quarter, the large amount of spare capacity is still sustaining deflationary pressures in the economy. 30th July 2015 · 1 min read
Nordic & Swiss Data Response Swedish GDP (Q2 15, Prov.) The provisional estimate of Swedish Q2 GDP revealed that the economic recovery regained some momentum after the disappointing start to the year. But we doubt that it will prevent the Riksbank from... 30th July 2015 · 1 min read
Europe Data Response German Ifo Survey (Jul.) July’s rise in German Ifo business sentiment is an encouraging sign that the recovery has continued despite the Greek crisis, although it does not seem to be gaining much pace. 27th July 2015 · 1 min read
Europe Data Response Euro-zone Flash PMIs (Jul.) July’s renewed fall in the euro-zone composite PMI offers some early support to our view that the fragile recovery will slow in the second half of the year. 24th July 2015 · 1 min read
Europe Data Response Euro-zone Trade (May) May’s euro-zone goods trade data suggested that the depreciation of the euro over thepast year is still only providing a modest boost to export growth. 16th July 2015 · 1 min read
Europe Data Response French CPI (Jun.) France’s June inflation data confirmed that price pressures remain very subdued in the euro-zone’s second-largest economy. And the substantial slack in the labour market means that core inflation is... 15th July 2015 · 1 min read
Europe Data Response Euro-zone Industrial Production (May) & German ZEW (Jul.) May’s weak industrial production data and the fall in German ZEW investor sentiment in July suggested that the euro-zone’s fragile recovery may be slowing. 14th July 2015 · 1 min read
Europe Data Response Swedish Consumer Prices (Jun.) The fall in Sweden’s headline inflation rate below zero in June vindicated the Riksbank’s decision earlier this month to cut its policy rate further and extend its bond-buying programme. But we think... 14th July 2015 · 1 min read
Nordic & Swiss Data Response Swedish Consumer Prices (Jun. 15) The fall in Sweden’s headline inflation rate below zero in June vindicated the Riksbank’s decision earlier this month to cut its policy rate further and extend its bond-buying programme. But we think... 14th July 2015 · 1 min read
Europe Data Response French & Italian Industrial Production (May) The rebound in French and Italian industrial production in May came as a welcome relief after Q2’s weak start and the disappointing German data earlier in the week. But across the euro-zone as a whole... 10th July 2015 · 1 min read