Europe Data Response Euro-zone Trade (Mar.) & Consumer Prices (Apr.) March’s euro-zone trade data suggest that the weakness of the euro has still had little impact on net exports, and therefore provided only modest support to the recovery. 19th May 2015 · 1 min read
Europe Data Response Euro-zone GDP (Q1 Prov.) Q1’s euro-zone GDP figures confirmed that the currency union outgrew both the US and UK in the first quarter. But with signs that the Greek crisis is starting to constrain the recovery, the euro-zone... 13th May 2015 · 1 min read
Europe Data Response Swedish Consumer Prices (Apr.) The renewed fall in Sweden’s headline inflation rate in April suggests that the Riksbank’spolicy easing so far has eradicated the threat that deflation becomes entrenched. Accordingly, further... 12th May 2015 · 1 min read
Nordic & Swiss Data Response Swedish Consumer Prices (Apr. 15) The renewed fall in Sweden’s headline inflation rate in April suggests that the Riksbank’s policy easing so far has not eradicated the threat that deflation becomes entrenched. Accordingly, further... 12th May 2015 · 1 min read
Europe Data Response German Industrial Production & Trade (Mar.) March’s German industrial production and trade data offer some signs that the weaker euro is providing a boost to the economy, but seem to confirm that GDP growth slowed in Q1 compared to Q4. 8th May 2015 · 1 min read
Europe Data Response French Industrial Production (Mar.) Although March’s French industrial production figures were a little disappointing, the sector has fared well at the start of 2015 and appears to have made a decent contribution to GDP growth in the... 7th May 2015 · 1 min read
Europe Data Response Euro-zone Retail Sales (Mar.) & Final PMIs (Apr.) March’s euro-zone retail sales data suggested that overall household spending registered a fairly strong increase in Q1. But the decline in April’s composite PMI implied that the economy might have... 6th May 2015 · 1 min read
Europe Data Response Euro-zone Flash CPI (Apr.) & Unemployment (Mar.) While the recent bout of falling prices in the euro-zone ended in April, the threat of deflation in the currency union has certainly not lifted altogether. 30th April 2015 · 1 min read
Europe Data Response Spanish GDP (Q1 est.) & CPI (April) While Spain’s economic recovery gathered further pace in the first quarter, the large amount of spare capacity left in the economy is sustaining deflationary pressures. 30th April 2015 · 1 min read
Europe Data Response German Flash CPI (Apr.) April’s slightly bigger-than-expected rise in German HICP inflation will reinforce hopes that recent price declines were a temporary phenomenon that will have positive effects on the economy. But with... 29th April 2015 · 1 min read
Europe Data Response EC Business & Consumer Survey (Apr.) The European Commission’s monthly Business and Consumer survey for April echoed the message from some other recent surveys that the crisis in Greece might be starting to constrain the euro-zone... 29th April 2015 · 1 min read
Europe Data Response German Ifo Survey (Apr.) April’s rise in the Ifo German Business Climate Indicator (BCI) suggests that economic conditions are holding up despite the Greek crisis and comes as a relief after falls in the ZEW and PMI surveys. 24th April 2015 · 1 min read
Europe Data Response Euro-zone Flash PMIs (Apr.) April’s fall in the euro-zone composite PMI suggested that fears over Greece might already be starting to dampen economic growth in the region, offsetting any boost from loose monetary policy and the... 23rd April 2015 · 1 min read
Europe Data Response German ZEW (Apr.) April’s fall in German ZEW investor sentiment suggests that fears over Greece are starting to dent confidence in the German economic recovery. 21st April 2015 · 1 min read
Europe Data Response Euro-zone Trade (Feb.) February’s euro-zone trade data suggest that the weakness of the euro is still only providing a small boost to the region’s exports. 15th April 2015 · 1 min read
Nordic & Swiss Data Response Swedish Consumer Prices (Mar. 15) Sweden’s headline inflation rate picked up further in March. But with inflation likely to remain well below target and the underlying rate unchanged, we continue to think that the Riksbank will cut... 14th April 2015 · 1 min read