Europe Data Response German Flash CPI (Jan.) The further rise in German CPI inflation in January is likely to add to the ECB’s worries about building inflationary pressures. But the chances of inflation reaching the levels seen in mid 2008, when... 27th January 2011 · 1 min read
Europe Data Response German Ifo Survey (Jan.) January’s Ifo index echoes the upbeat tone of most of the other short-term indicators on the German economy, including the ZEW survey released earlier this week. 21st January 2011 · 1 min read
Europe Data Response German ZEW (Jan.) January’s healthy rise in the headline German ZEW index suggests that, for now at least, investor sentiment is continuing to be buoyed by the upbeat economic data and the weaker euro. 18th January 2011 · 1 min read
Europe Data Response Euro-zone Unemp. (Nov.) & GDP (Q3) & German IP (Nov.) The latest euro-zone data once again highlight the huge divergences that are building up in the region and may also add to fears that the industrial recovery is failing to spread to other sectors of... 7th January 2011 · 1 min read
Europe Data Response Euro-zone Flash CPI & German Unemployment (Dec.) December’s bigger-than-expected rise in euro-zone CPI inflation probably reflected energy and food effects. Underlying price pressures in the region remain very weak. 4th January 2011 · 1 min read
Europe Data Response German Ifo Survey (Dec.) & Euro-zone Trade (Oct.) December’s Ifo survey adds to the evidence that the German economy continues to expand at a rapid rate. For Germany at least, the problems in the periphery are for now being more than offset by the... 17th December 2010 · 1 min read
Europe Data Response German ZEW (Dec.), Euro-zone Industrial Production (Oct.) The rise in German ZEW economic sentiment in December and October’s increase in euro-zone industrial production confirm that the euro-zone recovery has not yet run out of steam. 14th December 2010 · 1 min read
Europe Commercial Property Update German funds: liquidations point to downside risks for property prices For now, the recent poor health of some German open-ended property funds is unlikely to have a meaningful impact on European property investment demand. But the potential for more fund liquidations... 8th December 2010 · 1 min read
Europe Data Response German Industrial Production & Trade (Oct.) Germany’s impressive industrial recovery continues to support growth in its own economy and in the euro-zone as a whole. But the favourable effects on the region’s peripheral economies are likely to... 8th December 2010 · 1 min read
Europe Economics Weekly German growth amid peripheral peril Ireland’s bailout and four-year fiscal plan have failed to reduce concerns about the euro-zone’s periphery. In fact, they are spreading again, most worryingly to Spain. While the risk of such a large... 29th November 2010 · 1 min read
Europe Data Response German Flash CPI (Nov.) November’s rise in German HICP inflation reflected a temporary boost from the energy and food components. The rate remains low, at 1.6%, and looks set to fall again in the coming months as these... 26th November 2010 · 1 min read
Europe Data Response German Ifo Survey (Nov.) November’s German Ifo survey suggests that, while the euro-zone’s periphery remains mired in economic gloom, strong German growth is continuing to support the recovery in the region as a whole for now... 24th November 2010 · 1 min read
Europe Data Response German ZEW (Nov.) & EZ Final CPI (Oct.) November’s rise in German ZEW investor sentiment suggests that the euro-zone’s core has remained encouragingly resilient to the periphery’s troubles for now. But we still see German growth slowing... 16th November 2010 · 1 min read
Europe Economics Update Can exports to Asia sustain the German recovery? With the resilience of German export growth partly reflecting persistently strong demand from Emerging Asia, some have argued that Germany might continue to grow rapidly as demand elsewhere in the... 9th November 2010 · 1 min read
Europe Data Response German Industrial Production & Trade (Sep.) September’s German industrial and trade data bode pretty well for the third quarter. But given slowing global demand and the euro’s strength, a sharper slowdown in industrial and external activity... 8th November 2010 · 1 min read
Europe Commercial Property Update German capital values are likely to rise in the near term One of the most striking aspects of Q3’s RICS global property survey was the marked improvement in surveyors’ expectations for German capital values. We find it hard to take issue with the new, more... 3rd November 2010 · 1 min read
