Europe Economics Weekly GDP data highlight concerns about France and Italy Last week’s euro-zone Q2 GDP data revealed a strong contrast between the region’s strongest and weakest performers, with the French and Italian economies looking particularly vulnerable. In the second... 12th August 2016 · 1 min read
Europe Data Response Euro-zone GDP (Q2 Prov.) While Q2’s GDP growth was left unrevised at 0.3% in the second estimate, the softoutlook for both growth and inflation suggests that the ECB still has more work to do. 12th August 2016 · 1 min read
Europe Data Response Swedish Consumer Prices (July) Swedish inflation unexpectedly reached a fresh four-year high in July. But inflation is still below the Riksbank’s target and it is too soon to rule out further policy action. 11th August 2016 · 1 min read
Europe Commercial Property Update Moscow property about to turn a corner, albeit, slowly The acute phase of Russia’s latest economic crisis now appears to be behind it. However, the prospect of only a weak economic recovery means that a strong rebound of the Moscow commercial property... 11th August 2016 · 1 min read
Nordic & Swiss Data Response Swedish Consumer Prices (Jul. 16) Swedish inflation unexpectedly reached a fresh four-year high in July. But inflation is still below the Riksbank’s target and it is too soon to rule out further policy action. 11th August 2016 · 1 min read
Europe Economics Update How will the Norges Bank react to the strength of inflation? Inflation in Norway has been much stronger than the central bank forecast in June, so an interest rate cut in September looks unlikely. But we still expect inflation to fall sharply over the next 12... 10th August 2016 · 1 min read
Nordic & Swiss Economics Update How will the Norges Bank react to the strength of inflation? Inflation in Norway has been much stronger than the central bank forecast in June, so an interest rate cut in September looks unlikely. But we still expect inflation to fall sharply over the next 12... 10th August 2016 · 1 min read
Europe Commercial Property Update Lower interest rates prompt reduced return targets Fund managers have reported that they are lowering their return targets in response to the lower interest rate environment and increased competition for commercial property assets. This suggests that... 8th August 2016 · 1 min read
Europe Data Response German Industrial Production (Jun) Despite June’s rise in German industrial production, output in the sector fell in Q2 compared to Q1. Industrial growth should pick up a little in the months ahead, but it is likely to remain subdued... 8th August 2016 · 1 min read
Europe Economics Weekly ECB set to follow BoE despite policy limitations The Bank of England’s policy action last week added to the pressure on the ECB to do more. At the moment, the ECB’s self-imposed restrictions would prevent a large expansion of its asset purchase... 5th August 2016 · 1 min read
Europe Chart Pack Limited Brexit impact, but growth slowing nonetheless The UK’s Brexit vote does not appear to have had a marked adverse impact on the euro-zone economy so far as the main survey indicators rose slightly in July. But Q2 GDP data confirmed that economic... 4th August 2016 · 1 min read
Europe Commercial Property Update Turkey’s failed coup adds pressure for retail rents to fall With heightened uncertainty stemming from last month’s failed coup attempt in Turkey, a slowdown in economic growth and further weakness in the lira will put downward pressure on prime Istanbul retail... 4th August 2016 · 1 min read
Europe Economics Update How is Ireland’s economy holding up after the Brexit vote? The early signs are that while the euro-zone economy has been largely unharmed by the UK’s vote for Brexit, the Irish economy, which has particularly strong trade links with the UK, has taken a hit... 4th August 2016 · 1 min read
Europe Economics Update No sign of an end to political uncertainty in Spain With no sign of a government, a third Spanish election is possible. Even if one is avoided, Catalonia’s bid for independence means that political uncertainty will continue to darken Spain’s prospects... 3rd August 2016 · 1 min read
Europe Economics Update Euro-zone Fiscal Monitor (July) Public finances improved across the region in Q1, and timelier central government data suggest that the peripheral countries continued to perform well in Q2. Meanwhile, Portugal and Spain avoided... 3rd August 2016 · 1 min read
Europe Data Response Euro-zone Retail Sales (June) & Final PMIs (July) June’s stagnation of euro-zone retail sales suggest that consumer spending ended Q2 on a weak note. And despite a small upward revision from the flash release, July’s Composite PMI points to subdued... 3rd August 2016 · 1 min read
