Europe Economics Update

Euro-zone Monetary Indicators Monitor (Oct.)

There remains little sign that a pick-up in euro-zone bank lending to help support the fragile economic recovery is taking place.

28th November 2013 · 1 min read

Europe Economics Update

Euro-zone Fiscal Monitor (Nov.)

While Greece and Ireland remain ahead of their fiscal consolidation targets, Italy appears set to record a larger than planned deficit this year.

27th November 2013 · 1 min read

Europe Economics Weekly

External sector won’t drive the recovery

September’s euro-zone trade data and November’s PMI surveys, both released last week, gave mixed signals on how the euro-zone’s external sector is developing. Whilst the survey data suggested that...

25th November 2013 · 1 min read

Europe Data Response

Euro-zone Flash Consumer Confidence (Nov.)

November’s fall in euro-zone consumer confidence adds to signs that the eurozone recovery may have lost some momentum in Q4.

21st November 2013 · 1 min read

Europe Data Response

Euro-zone Flash PMIs (Nov.)

November’s fall in the euro-zone composite PMI suggests that the region’s anaemic recovery may be losing more steam.

21st November 2013 · 1 min read

Europe Data Response

Euro-zone Trade (Sep.)

The latest euro-zone trade data indicate that although the trade surplus continues to widen, weak global demand and the strong euro are holding back exports.

18th November 2013 · 1 min read

Europe Economics Weekly

Signs of growth convergence provide little comfort

Q3's meagre rise in euro-zone GDP clearly was disappointing, but there were some signs that growth within the region is converging. The slowdown was largely down to weaker growth in Germany and France...

18th November 2013 · 1 min read

Europe Data Response

Euro-zone GDP (Q3)

The near-stagnation of the euro-zone economy in the third quarter underlines the fragility of the recovery and the growing dangers of a damaging bout of deflation in the region.

14th November 2013 · 1 min read

Europe Data Response

Euro-zone Industrial Production (Sep 13.)

September's fall in euro-zone industrial production indicates that the sector will have dragged on GDP growth in Q3 as a whole.

13th November 2013 · 1 min read

Europe Economics Update

ECB has more work to do to tackle the strong euro

Last week’s cut in ECB interest rates has helped to relieve some of the near-term upward pressure on the euro. But the central bank will have to work harder to stop the strong currency from snuffing...

12th November 2013 · 1 min read

Europe Economics Weekly

ECB rate cut to provide only a little boost

The ECB’s unexpected interest rate cut last week was certainly a pleasant surprise and suggests that it is not writing off the potential threat of deflation. But there was little in the press...

11th November 2013 · 1 min read

Europe Economics Update

Rate cut welcome, but not a game-changer

While the ECB’s largely unexpected decision to cut interest rates was welcome, the central bank cannot address the deep-seated problems still facing the currency union.

7th November 2013 · 1 min read

Europe Commercial Property Update

Investment market recovery not warranted by occupier fundamentals

Increased optimism in the euro-zone’s economic outlook may have prompted some investors to look through what they perceive to be the final stages of the occupier market downturn. But October’s fall in...

7th November 2013 · 1 min read

Europe Chart Pack

ECB likely to soften stance but refrain from action

The fall in euro-zone CPI inflation to a four year low of 0.7% has raised the prospect of a bout of outright deflation in the euro-zone economy. While cost pressures are not as weak as they were when...

6th November 2013 · 1 min read

Europe Data Response

Euro-zone Retail Sales (Sep.) & Final PMIs (Oct.)

October’s fall in the euro-zone composite PMI to 51.9 suggests that the recovery continued at the start of Q4, but at a sluggish pace. Furthermore, September’s retail sales data highlight that...

6th November 2013 · 1 min read