Europe Commercial Property Update CE below consensus on prime office rent outlook There is broad agreement amongst forecasters that prime rental growth will slow over the next couple of years. However, we think the slowdown could be sharper than the consensus expects, especially if... 14th May 2025 · 3 mins read
Europe Economics Focus Euro-zone debt dynamics: no longer core vs periphery Most euro-zone governments look set to continue running large budget deficits in the coming years. This will support aggregate demand and is a key reason why ECB interest rates will stay higher than... 14th May 2025 · 23 mins read
Event Drop-In: The Future of Europe – Is the renewed optimism justified? 22nd May 2025, 3:00PM BST The shift in sentiment toward Europe – from deep pessimism to renewed optimism – has been striking.
Europe Economics Focus A European defence revolution? Europe’s economy will receive a modest boost from the German-led rise in defence spending over the next couple of years. The bigger question is whether it is the start of a move towards creating a... 13th May 2025 · 23 mins read
Europe Economics Update Is the euro’s share of global FX reserves set to rise? Recent actions by the Trump administration have raised doubts about the dollar’s safe-haven credentials, and could contribute to a further decline in its share of global FX reserves. At the same time... 13th May 2025 · 5 mins read
Europe Economics Focus Is the current optimism about Europe justified? There has been an increase in optimism about the EU in recent months as it has been forced to take more responsibility for its own security, has loosened fiscal policy and has benefited from having a... 12th May 2025 · 16 mins read
Europe Economics Update Portugal election to lead to policy continuation Next week’s election in Portugal is likely to have little impact on the country’s economic prospects, not least because it looks like it will be a repeat of last year’s election results. Regardless of... 9th May 2025 · 4 mins read
Event Real Estate Drop-In: How the pandemic continues to shape UK and European real estate markets 20th May 2025, 1:00PM BST Five years on and the pandemic is continuing to impact real estate, influencing how we work, where we live and how we spend.
Europe Chart Pack Europe Chart Pack (May. 2025) Euro-zone GDP expanded at a decent pace in Q1 but that was partly due to temporary tariff front-running effects. And while higher defence and infrastructure spending will support euro-zone GDP growth... 9th May 2025 · 1 min read
Europe Economics Weekly Europe Weekly: Is the UK-US deal a good omen for the EU? EU policymakers won’t have felt too excited about the US-UK trade deal announced yesterday. The deal is limited in scope, the details are yet to be finalised, and the EU might find it more challenging... 9th May 2025 · 7 mins read
Europe Rapid Response German Industrial Production (March) The big rise in German industrial output and orders in March confirms that conditions in the sector have stabilised in recent months. However, some of the strength might be due to tariff front running... 8th May 2025 · 2 mins read
Europe Commercial Property Update Euro-zone investment outlook downgraded given tariff uncertainty The gradual recovery in European investment continued in Q1 but going forward transaction totals are likely to be weak as a result of uncertainty around tariffs and the potential downside to property... 7th May 2025 · 3 mins read
Europe Rapid Response Euro-zone Retail Sales (March 2025) Euro-zone retail sales declined in March, reversing part of the increase in February. We expect spending growth to remain weak for the rest of the year as any support from lower interest rates is... 7th May 2025 · 2 mins read
Europe Economics Weekly Europe Weekly: Still little sign of tariff impact, Spanish blackout hit Data released this week suggest that US tariffs have not had a noticeable impact on euro-zone activity yet. But we still think they will cause GDP growth to grind to a halt in the next six months... 2nd May 2025 · 8 mins read
Europe Rapid Response Euro-zone HICP (April 2025) April’s rise in services inflation is unlikely to worry the ECB too much as it was probably driven mainly by Easter timing effects. We think services inflation will start falling again in the coming... 2nd May 2025 · 2 mins read
