Europe Economics Weekly Is France in a state of economic emergency? President François Hollande’s declaration in a speech earlier this month that France is in a “state of economic emergency” was hardly reassuring. But, if it’s even possible, we would actually argue... 29th January 2016 · 1 min read
Europe Data Response France, Spain & Austria GDP (Q4, 1st est.) Provisional Q4 GDP data from France, Spain and Austria suggested that the euro-zone’s modest economic recovery is unlikely to have gathered steam in the final quarter of last year, providing a weak... 29th January 2016 · 1 min read
Europe Data Response French Consumer Prices (Dec.) Although France’s headline inflation rate edged up in December, the big picture is that price pressures in the euro-zone’s second-largest economy remain very weak. 13th January 2016 · 1 min read
Europe Data Response German & French Industrial Production (Nov.) November’s disappointingly weak German and French industrial production figures provided further evidence that the hard data on the euro-zone economy is failing to live up to the more optimistic... 8th January 2016 · 1 min read
Europe Commercial Property Update What do the latest office jobs data say about rental prospects in 2016? The latest employment data show that office employment is far outpacing total jobs growth in most euro-zone economies. And, even in economies such as Germany and France, where office jobs growth has... 23rd December 2015 · 1 min read
Europe Data Response French CPI (Nov.) & Industrial Production (Oct.) The renewed fall in France’s headline inflation rate in November highlights the absence of price pressures in the region’s second-largest economy. The weakness of the economy, underscored by the... 10th December 2015 · 1 min read
Europe Economics Update France to suffer in the long term from Front National’s win The unprecedented success of France’s far-right Front National (FN) in Sunday’s regional elections is a symbolic victory for the party’s protectionist and anti-immigration policies. While the initial... 7th December 2015 · 1 min read
Europe Commercial Property Update Have Paris office rents finally turned a corner? The French economy is growing, but slowly, and employment growth will therefore not be particularly strong. However, with signs of a recovery in occupier activity and a tight CBD market, we expect... 13th November 2015 · 1 min read
Europe Data Response French CPI (Oct.) Although France’s headline inflation rate ticked up in October, price pressures across the euro-zone’s core economies remain very weak, supporting the case for more policy support from the ECB. 12th November 2015 · 1 min read
Europe Data Response French & Italian Industrial Production (Sep.) September’s industrial production data from France and Italy added to the evidence that euro-zone industrial growth might have slowed in Q3 from its already weak pace. 10th November 2015 · 1 min read
Europe Commercial Property Update Should we be more positive on prime retail rental growth in France? French consumer spending growth is set to gradually improve in the next few years. This will support better rates of retail sales and occupier demand growth than previously anticipated, leading us to... 27th October 2015 · 1 min read
Europe Data Response French CPI (Sep.) Although France’s headline HICP inflation rate held above zero in September, today’s data revealed that price pressures remain exceptionally weak and will add to the growing pressure on the ECB to... 14th October 2015 · 1 min read
Europe Data Response French, Italian & Dutch Industrial Production (Aug.) A mixed set of national industrial production data for August from France, Italy and the Netherlands suggested that while euro-zone industry might have fared slightly better in Q3 than it did in Q2... 9th October 2015 · 1 min read
Europe Chart Pack Deflation dangers still lingering While the crisis in Greece appears to have receded at least temporarily, the euro-zone still faces serious challenges in the form of weak growth and persistent deflation risks. As the Chart below... 2nd September 2015 · 1 min read
Europe Economics Focus Will labour reforms get France working again? France’s Government has finally started to tackle the country’s weak labour market. But we are sceptical that the reforms so far will be sufficient and think that more ambitious measures will be... 26th August 2015 · 1 min read
Europe Data Response Euro-zone GDP (Q2 Prov.) Euro-zone GDP growth lost some pace in the second quarter, with a renewed divergence between healthy growth in Germany and stagnation in France. 14th August 2015 · 1 min read
