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 Rapid Response Euro-zone GDP & Compensation Per Employee (Q2 2026) The upward revision to euro-zone GDP growth in Q2, taking it to a four-year high of +0.6% q/q, was due to another massive revision in Ireland. This tells us nothing about the underlying health of the... 7th September 2026 · 3 mins read
Europe Rapid Response Euro-zone Retail Sales (July 2026) The fall in euro-zone retail sales in July was the largest monthly decline in over a year and suggests that consumption made a weak start to Q3 following what looks like a decent rise in Q2. 4th September 2026 · 2 mins read
Europe Rapid Response Euro-zone HICP (August 2026) August’s energy-led rise in euro-zone HICP inflation might bolster the case for a rate hike next week, but the ECB should be reassured by the absence of indirect and second-round effects. 1st September 2026 · 2 mins read
Europe Rapid Response Euro-zone EC Survey (August 2026) August’s euro-zone Economic Sentiment Indicator (ESI) suggests that the economy has continued to expand despite higher energy prices and extreme summer heat. And the selling price expectations indices... 28th August 2026 · 2 mins read
Europe Rapid Response Germany Ifo Survey (August 2026) Germany’s August Ifo survey and detailed Q2 GDP release added to evidence of surprising economic resilience and support the case for near-term policy tightening by the ECB. 25th August 2026 · 2 mins read
Europe Rapid Response Euro-zone Flash PMIs (August 2026) The euro-zone’s Composite PMI was broadly unchanged in August and, together with the continued fall in the input and output price indices, suggests that the euro-zone economy is continuing to shrug... 21st August 2026 · 2 mins read
Europe Rapid Response Euro-zone GDP & Employment (Q2 2026) The euro-zone economy continued to grow around its trend rate in the second quarter, despite the rise in energy prices. We expect GDP to keep expanding at a moderate pace in the second half of the... 14th August 2026 · 2 mins read
Europe Rapid Response Swiss Flash GDP (Q2 2026) The surge in sporting event adjusted GDP in Q2 shows that the Swiss economy shrugged off the increase in energy prices. With timelier survey data looking strong too, the economy looks set to put in... 14th August 2026 · 2 mins read
Europe Rapid Response Germany Industrial Production (June) The small increase in German industrial production in June follows increases in the two previous months and confirms that industrial output increased in the second quarter. Moreover, the rebound in... 7th August 2026 · 2 mins read
Europe Rapid Response Euro-zone Retail Sales (June 2026) Even though retail sales declined in June, they rose by 0.2% q/q in the second quarter, indicating that higher energy prices didn’t have much of an effect on household consumption. With consumer... 6th August 2026 · 2 mins read
Europe Rapid Response Euro-zone HICP (July 2026) The small increase in headline inflation in July was largely due to higher energy inflation and is unlikely to change policymakers’ thinking significantly ahead of the ECB’s September policy meeting. 31st July 2026 · 2 mins read
Europe Rapid Response Euro-zone GDP (Q2 2026) The continued steady growth of the euro-zone economy in Q2 shows that households and businesses have not pared back their spending much due to the Iran war. We think the economy will continue growing... 30th July 2026 · 2 mins read
Europe Rapid Response Euro-zone GDP (Q2 2026) National data released so far suggest that activity in the euro-zone held up quite well in the second quarter, with GDP in the euro-zone excluding Ireland probably rising by 0.2% q/q . We suspect it... 30th July 2026 · 2 mins read
Europe Rapid Response Euro-zone Flash PMIs (July 2026) The rise in the euro-zone Composite PMI in July suggests that activity is rebounding and that inflationary pressures are easing. But given the re-escalation in the conflict in the Middle East and the... 24th July 2026 · 1 min read
