This week provided yet more good news on the euro-zone, with case numbers falling consistently in some countries, vaccine rollouts on track, and both the survey and official data suggesting that the economic recovery continues apace. But international tourism is still hampered by travel restrictions and industry remains a weak point, as supply constraints weigh on auto output in particular. Indeed, data out next week are likely to suggest that euro-zone industrial output contracted in Q2.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.