Europe Data Response German ZEW Survey (Jul.) & Euro-zone Trade (May) German investor sentiment weakened in July as disappointing hard data and troubles in Portugal reminded investors that the euro-zone crisis is far from over. And May’s sharp fall in euro-zone exports... 16th July 2013 · 1 min read
Europe Economics Weekly Ominous signs for German exports Last week’s German trade data revealed a sharp drop in exports, suggesting that the economy’s export engine is not performing particularly well. Much attention has focused on the deteriorating outlook... 15th July 2013 · 1 min read
Europe Economics Focus Can Germany solve the euro-zone crisis? As the German economy struggles to grow, the Government will continue to resist the permanent transfers that the euro-zone’s periphery needs. But it will probably back further extensions to deficit... 11th July 2013 · 1 min read
Europe Commercial Property Update German logistics capital values set to disappoint Our view that logistics property in Germany will underperform the other main commercial property sectors over the coming years is underpinned by the fact that, in both an international and historic... 9th July 2013 · 1 min read
Europe Data Response German Industrial Production & Trade (May 13) May’s falls in German exports and industrial production add to evidence that the recovery in the euro-zone’s largest economy will be very modest. 8th July 2013 · 1 min read
Europe Data Response German Ifo Survey (Jun.) June’s German Ifo survey echoed the slightly firmer tone of other recent indicators. But it certainly did not suggest that the euro-zone’s biggest economy is embarking on a spectacular recovery. 24th June 2013 · 1 min read
Europe Data Response German ZEW Survey (Jun.) The rise in the headline ZEW index in June reinforced other data in pointing to an acceleration in the German economy. But while expectations picked up, the ‘current situation’ component fell again. 18th June 2013 · 1 min read
Europe Data Response German Industrial Production & Trade (Apr.) Increases in German industrial production and exports in April have boosted the chances that the very modest recovery seen in Q1 might gain pace in Q2. 7th June 2013 · 1 min read
Europe Data Response German Ifo (May), Consumer Conf. (Jun) & Final GDP (Q1) May’s renewed rise in the German Ifo survey and the increase in the GfK consumer confidence indicator for June added to signs that the economy is recovering. But we expect the recovery to be modest. 24th May 2013 · 1 min read
Europe Economics Update Is monetary policy too loose for Germany? This Update addresses the question of whether monetary policy is now too loose for Germany and, if so, what can be done about it? While there are various policies that could be adopted at the national... 16th May 2013 · 1 min read
Europe Data Response Euro-zone GDP (Q1) Q1’s flash euro-zone GDP estimate confirmed that while the euro-zone economy performed rather better in Q1 than Q4, it remained in recession. 15th May 2013 · 1 min read
Europe Data Response German ZEW Survey (May) & Euro-zone Industrial Prod. (Mar.) May’s German ZEW survey and March’s euro-zone industrial production numbers made encouraging reading, but do not alter our view that the euro-zone remains in recession. 14th May 2013 · 1 min read
Europe Economics Update Germany's role in a solution to the euro-zone debt crisis This Update summarises views expressed by Capital Economics’ Jennifer McKeown in a panel discussion at the Euromoney “Germany Conference” in Berlin on 24th and 25th April. 13th May 2013 · 1 min read
Europe Commercial Property Update How vulnerable are German office rents to the slowdown? In contrast to our forecast for a modest fall during 2013, German office rental values began the year by posting another rise. Yet with economic sentiment in Germany deteriorating and office take-up... 13th May 2013 · 1 min read
Europe Economics Update German election campaign offers no hope of fiscal boost The growing likelihood of a grand coalition government after September’s election suggests that Germany’s tough stance on the euro-zone periphery might soften somewhat. However, none of the main... 9th May 2013 · 1 min read
Europe Data Response German Industrial Production (Mar.) March’s German industrial production figures suggest that the sector has gained momentum over the quarter, but a sustained and robust recovery still seems unlikely. 8th May 2013 · 1 min read
