Europe Rapid Response German Ifo Business Climate Indicator (June) The slump in the German Ifo, together with the drop in the PMIs, released on Friday, suggests that German GDP probably contracted for the third quarter in a row in Q2. We expect the economy to remain... 26th June 2023 · 2 mins read
Europe Rapid Response Weakness in both services and manufacturing sectors The fall in the euro-zone flash Composite PMI from 52.8 in May to 50.3 in June left it even lower than our below-consensus forecast. On the face of it, the index still points to a small expansion in... 23rd June 2023 · 2 mins read
Europe Rapid Response Germany HICP (May) The fall in German headline inflation in May along with signs that core price pressures eased echoes the message from the inflation figures for France and Spain and supports the case for the ECB to... 31st May 2023 · 2 mins read
Europe Rapid Response German GDP (Q1, 2nd est.) The downward revision to Germany’s Q1 GDP means that the country has fallen into a technical recession and that euro-zone GDP probably stagnated in Q1 rather than expanding by 0.1% q/q. We expect... 25th May 2023 · 2 mins read