Europe Rapid Response Swiss CPI (October 2026) The larger-than-expected rise in Swiss inflation in October was primarily due to a rise in energy inflation. Underlying price pressures remain weak so we are confident in our view that the SNB will... 3rd November 2026 · 2 mins read
Europe Rapid Response Euro-zone GDP (Q3 2026) The continued growth of the euro-zone economy in Q3 shows that households and businesses have not pared back their spending due to the Iran war. We think the economy will continue to grow steadily in... 30th October 2026 · 2 mins read
Europe Rapid Response Euro-zone EC Survey (October 2026) The small fall in the Economic Sentiment Indicator in October leaves it consistent with solid GDP growth in Q4 and suggests that the economy may be holding up a little better than implied by the PMIs... 29th October 2026 · 2 mins read
Europe Rapid Response Germany Ifo Business Climate Index (October) The small increase in Germany’s Ifo Business Climate Index (BCI) in October supports our view that, after stalling in Q3, the economy will return to growth in Q4. That said, the discrepancy between... 26th October 2026 · 2 mins read
Europe Rapid Response Euro-zone Flash PMIs (October 2026) Although the euro-zone’s composite PMI fell in October, it remains consistent with modest positive growth, suggesting that the economy has remained resilient in the face of the energy shock. And while... 23rd October 2026 · 2 mins read
Europe Rapid Response Euro-zone Industrial Production (August 2026) After making a slow start to Q3, we expect euro-zone industrial production to have picked up in September. But the medium-term outlook remains poor due to pressure from China and rising wholesale... 15th October 2026 · 2 mins read
Europe Rapid Response Euro-zone Retail Sales (August 2026) The small rise in euro-zone retail sales in August suggests that consumption growth slowed in the third quarter compared to Q2. 6th October 2026 · 2 mins read
Europe Rapid Response Euro-zone HICP (September 2026) September’s HICP data show that almost all of the increase in inflation since the Iran war began is due to higher fuel prices and energy bills. There are some signs that the indirect effects of higher... 2nd October 2026 · 2 mins read
Europe Rapid Response Swiss CPI (September) The small rise in Swiss inflation in September was largely due to a rise in energy inflation. With core inflation low and limited evidence of indirect effects from higher energy prices, we remain... 1st October 2026 · 1 min read
Europe Rapid Response Euro-zone National HICP (September 2026) Data released for Germany, France, Italy and Spain point to an increase in euro-zone headline inflation from 3.2% in August to 3.7% in September. They also suggest that the indirect effects of higher... 30th September 2026 · 2 mins read
Europe Rapid Response EC Economic Sentiment Indicator (September) The euro-zone’s Economic Sentiment Indicator fell slightly in September but was still at a level consistent with steady growth. With price pressures in services reasonably well contained we still... 29th September 2026 · 2 mins read
Europe Rapid Response Germany Ifo Business Climate Index (September) 24th September 2026 · 2 mins read
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
