Europe Data Response

Euro-zone Retail Sales (May) & Final PMIs (Jun.)

Although euro-zone retail sales only rose slightly in May, the outlook for consumer spending is bright. And the rise in June’s composite PMI suggested that the wider recovery was sustained in Q2...

3rd July 2015 · 1 min read

Europe Data Response

Euro-zone Flash CPI (Jun.) & Unemployment (May)

The renewed decline in euro-zone HICP inflation in June highlighted that the ECB still has a lot of work to do to hit its inflation target in the medium term.

30th June 2015 · 1 min read

Europe Data Response

German Flash CPI (Jun.)

June’s sharp fall in German HICP inflation confirmed that underlying price pressures have remained very subdued even in the euro-zone’s strongest economy.

29th June 2015 · 1 min read

Europe Data Response

EC Business & Consumer Survey (Jun)

The European Commission’s monthly Business and Consumer Survey for Junesuggested that the euro-zone recovery may have gained some pace in Q2. But thesurvey was carried out before last weekend’s...

29th June 2015 · 1 min read

Europe Data Response

German Ifo Survey (Jun.)

Although the Ifo survey points to an acceleration in Germany’s economy in Q2, its fall in June suggests that Greece’s crisis is starting to weigh on sentiment there.

24th June 2015 · 1 min read

Europe Data Response

Euro-zone Flash PMIs (Jun.)

Amid the turmoil in Greece, June’s rise in the euro-zone PMI is encouraging. But the survey also suggests that the euro-zone recovery did not pick up much steam in Q2 and that there are clear risks to...

23rd June 2015 · 1 min read

Europe Data Response

German ZEW (Jun.)

June’s sharp fall in ZEW investor sentiment suggests that the German recovery is suffering from fears about the impact of the Greek crisis.

16th June 2015 · 1 min read

Europe Data Response

Euro-zone Trade (Apr.)

April’s euro-zone trade data suggested that the euro’s depreciation is finally starting to boost net exports.

15th June 2015 · 1 min read

Europe Data Response

Euro-zone Industrial Production (Apr.)

April’s weak growth in euro-zone industrial production suggested that the boost to industry from the lower oil price and euro at the start of the year may already be fizzling out.

12th June 2015 · 1 min read

Europe Data Response

Swedish Consumer Prices (May)

Although Sweden’s headline inflation rate nudged up in May, the big picture is that it remains very low in spite of the Riksbank’s aggressive policy easing. As such, the central bank will need to do...

11th June 2015 · 1 min read

Nordic & Swiss Data Response

Swedish Consumer Prices (May. 15)

Although Sweden’s headline inflation rate nudged up in May, the big picture is that it remains very low in spite of the Riksbank’s aggressive policy easing. As such, the central bank will need to do...

11th June 2015 · 1 min read

Europe Data Response

French & Italian Industrial Production (Apr.)

The falls in French and Italian industrial production in April suggest that euro-zone industry will be a weaker driver of GDP growth in Q2.

10th June 2015 · 1 min read

Europe Data Response

Euro-zone GDP Breakdown (Q1)

The second estimate and breakdown of euro-zone GDP in Q1 confirmed that growth in the early months of the year was driven by domestic demand, presumably partly reflecting the positive effects of lower...

9th June 2015 · 1 min read

Europe Data Response

Iceland GDP (Q1)

Although Iceland’s economy contracted in Q1, the continued strength of domestic demand means that the central bank is still likely to start raising interest rates at tomorrow’s policy meeting.

9th June 2015 · 1 min read

Nordic & Swiss Data Response

Iceland GDP (Q1 15)

Although Iceland’s economy contracted in Q1, the continued strength of domestic demand means that the central bank is still likely to start raising interest rates at tomorrow’s policy meeting.

9th June 2015 · 1 min read