Europe Data Response German ZEW Survey (Aug.) & Euro-zone Trade (Jun.) August’s German ZEW investor survey shows that sentiment has partly recovered from July’s Brexit-related decline, but it still points to a sharp slowdown in German GDP growth to come. 16th 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 Data Response German Flash CPI (Jul.) July’s rise in German inflation further into positive territory is likely to be followed by continued increases in the coming months. But even in Germany, we do not think that inflation is on track to... 28th July 2016 · 1 min read
Europe Data Response German Ifo Survey (July) July’s Ifo survey supported the message from the PMI that German economic activity has not yet suffered from the UK’s Brexit vote. But the dip in businesses’ expectations may suggest that a slowdown... 25th July 2016 · 1 min read
Europe Data Response German ZEW Survey (Jul.) & E-Z Bank Lending Survey (Q2) July’s German ZEW Survey, which was conducted over the past two weeks, suggests that investors are more worried about the effects of Brexit on the German economy than the financial market response has... 19th July 2016 · 1 min read
Europe Data Response German Industrial Production (May) May’s sharp fall in German industrial production adds to the evidence that GDPgrowth in the region’s largest economy slowed sharply in Q2. And the recoverylooks likely to ease further in the second... 7th July 2016 · 1 min read
Europe Commercial Property Update German industrial yields to fall despite looking relatively expensive Economic uncertainty and lower business and consumer confidence resulting from Brexit are likely to weigh on German GDP growth over the coming 18 months, leading to slower industrial rental growth... 6th July 2016 · 1 min read
Europe Economics Update Germany won’t suffer most from Brexit vote While German exporters are particularly vulnerable to weaker demand from the UK following the Brexit vote, the economy is also well-placed to benefit from any relocation of financial services or... 5th July 2016 · 1 min read
Europe Data Response German Flash CPI (Jun.) June’s increase in German inflation back into positive territory may well mark the start of an upward trend. But even in Germany, we do not think that inflation is on track to reach the ECB’s near 2%... 29th June 2016 · 1 min read
Europe Data Response German Ifo Survey (June) June’s rise in the German Ifo measure of business confidence suggests that the economy continued to grow at pretty healthy rate in Q2. But given the financial market reaction to the UK’s vote to leave... 24th June 2016 · 1 min read
Europe Data Response German ZEW (Jun.) June’s ZEW survey suggests that investor sentiment towards the German economy has not been hit by the risk of Brexit so far and points to steady annual GDP growth. 21st June 2016 · 1 min read
Europe Data Response German Industrial Production (Apr.) April’s rise in German industrial production only partially reversed the previous month’s fall and suggests that the strong growth of industrial and overall economic activity in Q1 will not be... 7th June 2016 · 1 min read
Europe Data Response German Ifo Survey (May) May’s rise in the German Ifo suggests that the economy has continued to grow at pretty healthy rates, but the fast quarterly pace seen in Q1 will not be sustained. 25th May 2016 · 1 min read
Europe Data Response German ZEW Survey (May) & GDP Breakdown (Q1) The second German GDP release for Q1 confirmed that stronger domestic spending drove a sharp pick-up in overall activity. But May’s fall in German ZEW investor sentiment supports our view that growth... 24th May 2016 · 1 min read
Europe Data Response German Industrial Production (Mar.) Despite March’s sharp fall in German industrial production, the sector appears to have contributed strongly to GDP growth in Q1. However, evidence from the business surveys suggests that underlying... 10th May 2016 · 1 min read
Europe Data Response German Flash CPI (Apr.) April’s fall in German consumer price inflation back to negative territory and the continued weakness of the core rate will further raise the pressure on the ECB to do more to hit its inflation target... 28th April 2016 · 1 min read
