Europe Rapid Response Euro-zone Flash PMIs (September 2026) September’s big improvement in the euro-zone’s composite PMI supports our view that despite the weakness in the official activity data in July, GDP will increase in Q3. The output price PMIs rose too... 23rd September 2026 · 2 mins read
Europe Rapid Response Euro-zone Consumer Confidence (September 2026) September’s decline in consumer confidence shows that households’ moods have soured as energy prices have risen. But as long as oil and natural gas prices don’t rise a lot further, we think household... 22nd September 2026 · 2 mins read
Europe Commercial Property Update Productivity gains not yet accompanied by weaker office demand Despite productivity gains that could reduce the need for office space, markets with a high share of information and communication jobs have generally seen stronger office take-up over the past year... 22nd September 2026 · 3 mins read
Europe Economics Weekly A tale of two shocks Events this week highlighted two of the biggest challenges facing Europe's economy: the energy shock and the China shock. We expect euro-zone GDP to keep rising over the coming quarters despite higher... 18th September 2026 · 6 mins read
Europe Economics Update Euro-zone inflation to hit 4% by December We forecast headline inflation in the euro-zone to jump from 3.2% in August to 3.8% in September. And we think that increases in energy, food and core inflation will push it up to 4% by December. But... 17th September 2026 · 3 mins read
Europe Economics Focus China Shock hitting euro-zone harder than most regions China Shock 2.0 will be a structural drag on euro-zone growth for the rest of this decade. Consumers will benefit from cheaper and increasingly sophisticated Chinese imports but manufacturers are... 16th September 2026 · 12 mins read
Europe Rapid Response Euro-zone Industrial Production (July 2026) After euro-zone industrial production edged down in July, we expect the sector to continue to struggle as the increase in EU natural gas prices gradually feeds through to industrial gas and... 16th September 2026 · 2 mins read
Europe Economics Update AI having a small impact on EZ productivity growth Growth in output and productivity in the euro-zone’s information and communication sector is very strong by historical standards, no doubt reflecting the impact of AI. However, so far there is no... 15th September 2026 · 3 mins read
Europe Economics Focus Italy’s growth rate unlikely to rebound The main cause of Italy’s strong recovery from the pandemic was exceptionally loose fiscal policy. This fiscal stimulus has been scaled back over the past few years and growth has returned to a slow... 14th September 2026 · 11 mins read
Capital Daily Greenback to benefit as Fed presses ahead We don’t expect the Fed to add much fuel to the bond market sell-off later this week, but over the medium term we nonetheless think the relative monetary policy picture favours the US dollar... 14th September 2026 · 5 mins read
Europe Economics Weekly German political uncertainty rising; ECB to hike again The strong showing of the Alternative for Germany (AfD) in Germany's state elections is likely to reinforce the difficulties that the federal government faces in implementing reforms and containing... 11th September 2026 · 5 mins read
Europe Economics Update Euro-zone food inflation to accelerate in 2027 In today’s press conference, Christine Lagarde expressed surprise at the decline in food inflation this year. This decline largely reflects past moves in agricultural commodity prices. But recent... 10th September 2026 · 3 mins read
Europe Economics Update ECB will hike again, but will be cutting next year There was no surprise at today’s rate hike by the ECB, but the Bank’s forecast revisions and President Lagarde’s remarks in the press conference suggest that policymakers are minded to raise rates... 10th September 2026 · 3 mins read
Europe Commercial Property Update Strong rent growth to push Spain to the top of the resi rankings Spanish residential property looks set to outperform the other larger European markets over the next five years, as still-strong demand on the back of high levels of immigration and tight supply boost... 10th September 2026 · 3 mins read
Europe Chart Pack Europe Chart Pack (Sep. 2026) The euro-zone economy is growing at a steady pace. While Spain is still the clear outperformer among the larger countries, Germany has finally returned to growth, but France has stalled. Business... 7th September 2026 · 0 mins read
