Europe Data Response Euro-zone Flash PMIs & German Ifo (May) May’s falls in the euro-zone PMI and German Ifo business surveys are slightly worrying signs, but both still point to pretty strong growth for the time being. 21st May 2010 · 1 min read
Europe Data Response German ZEW Survey (May), EZ CPI (Apr.) & Trade (Mar.) May’s renewed decline in the ZEW index suggests that investors are still very worried about the effect of the periphery’s problems on the German economy. 18th May 2010 · 1 min read
Europe Commercial Property Update Will German funds accelerate the investment market recovery? In the short-term, March’s €535 million net inflow into German open-ended property funds is likely to boost European commercial property investment volumes and may add to the downwards pressure on... 11th May 2010 · 1 min read
Europe Data Response Germany Trade/France & Italy Industrial Production (Mar.) The latest data from the three main economies suggest that the region ended Q1 on a high note. But while the economic recovery may gain momentum in the short term, a prolonged period of fiscal... 10th May 2010 · 1 min read
Europe Data Response German Industrial Production & French Trade (Mar.) March’s surge in German industrial production confirms that the euro-zone’s largest economy is shaking off troubles in the periphery for now. But weather-related weakness earlier this year suggests... 7th May 2010 · 1 min read
Europe Data Response Euro-zone EC Survey & German Unemployment (Apr.) April’s improvement in the EC business and consumer survey suggests that, for the time being at least, the euro-zone’s fiscal crisis is not preventing a recovery in the broader economy. 29th April 2010 · 1 min read
Europe Data Response German CPI (1st Est. Apr.) The latest German inflation figures show that, while the economy may be performing much better than the euro-zone’s periphery, core price pressures even there are firmly downward. 28th April 2010 · 1 min read
Europe Data Response German ZEW Survey (Apr.) April’s sharp rise in German ZEW investor sentiment provides some hope that the recovery has not ground to a complete halt after the economy’s poor start to the year. 20th April 2010 · 1 min read
Europe Commercial Property Update German office rents least at risk from excess supply Although the risk from new supply is less than in previous cycles, completions in all the major Western European office markets are likely to push vacancy rates up this year. This will keep rental... 14th April 2010 · 1 min read
Europe Data Response German Industrial Production & Euro-zone Retail Sales (Feb.) February’s data on German industrial production and euro-zone retail sales put a dent in hopes that, after stagnating in Q4 last year, the euro-zone economy will have expanded strongly again in Q1. 8th April 2010 · 1 min read
Europe Economics Focus Can Germany save the euro-zone? Increased domestic spending in Germany would not only assist the euro-zone’s troubled periphery but would also be in Germany’s own interests, helping to reduce unemployment. However, while there are... 7th April 2010 · 1 min read
Europe Commercial Property Update German labour market could weaken but offices will be unscathed While March’s fall in German unemployment was welcome news, we suspect that renewed rises lie ahead this year as ‘kurzarbeit’ subsidies begin to expire for many workers. However, given that most of... 31st March 2010 · 1 min read
Europe Data Response Euro-zone EC Survey & German CPI (Mar.) March’s EC business and consumer survey provides some encouragement that, for now, fiscal worries in the region are not weighing too heavily on overall sentiment towards the economy. But the surveys... 29th March 2010 · 1 min read
Europe Data Response Euro-zone Flash PMIs & German Ifo (Mar.) March’s increases in the euro-zone PMI and German Ifo surveys bring some encouragement that the economic recovery in the region has not ground completely to a halt, but the outlook remains fragile. 24th March 2010 · 1 min read
Europe Data Response German ZEW Survey (Mar.) & Euro-zone Final CPI (Feb.) March’s fall in German ZEW investor sentiment confirms that confidence in the economic recovery remains fairly fragile. And with euro-zone CPI inflation still very subdued, the ECB is under no... 16th March 2010 · 1 min read
Europe Data Response German Industrial Production (Jan.) The latest German industrial production figures provide some hope that the economic recovery has not ground to a complete halt. 8th March 2010 · 1 min read
