Europe Commercial Property Update Q1 RICS survey points to a softening market in Europe The Q1 RICS survey painted a downbeat picture of sentiment in European commercial property markets, with France and Germany generally weighing on the overall picture and Spain, Portugal and Poland... 18th May 2026 · 3 mins read
Europe Economics Weekly Some bright spots amid the industrial gloom Euro-zone industrial output remained weak in March, with high energy prices and competition from China weighing on production. But there are some bright spots amid the gloom, including the... 15th May 2026 · 6 mins read
Europe Economics Update Euro-zone less reliant on fossil fuels than in 2022 The euro-zone’s declining reliance on fossil fuels – driven by lower overall energy demand and a shift towards renewables – means that the economy is becoming less sensitive to higher fossil fuel... 13th May 2026 · 2 mins read
Europe Chart Pack Europe Chart Pack (May. 2026) Prospects for the euro-zone economy are very sensitive to the severity and duration of the increase in energy prices. Our baseline forecasts are based on an assumption that the price of Brent crude... 13th May 2026 · 1 min read
Europe Rapid Response Euro-zone GDP & Employment (Q1 2026) & Industrial Production (March 2026) The euro-zone economy grew around its trend pace in Q1 and March’s industrial production data show that higher energy prices did not take an immediate toll on output. Our baseline forecast is that GDP... 13th May 2026 · 2 mins read
Global Economics Update First signs of advanced economy fallout from Iran war The marked increase in inflation across advanced economies has yet to cause real spending to contract, but the widespread decline in consumer sentiment and hiring intentions points to worse to come... 12th May 2026 · 3 mins read
Europe Economics Update Which sectors are suffering most from the China shock? The euro-zone has been one of the biggest losers from China eating up a larger share of the global export market. It has lost market share across a wide range of industries including vehicles... 11th May 2026 · 3 mins read
Europe Economics Weekly Would ECB rate hikes be a mistake? With interest rate hikes by the ECB looking likely, we are often asked whether this would be a mistake, with unfavourable comparisons made to previous ECB monetary policy decisions. But there are... 8th May 2026 · 6 mins read
Europe Rapid Response German Industrial Production (March 2026) The weakness of German industrial production in March may have little to do with the Iran war as electricity prices for industry did not rise and output in energy-intensive industry held up well. But... 8th May 2026 · 2 mins read
Global Commercial Property Update Student housing investment set to diversify Investment in student accommodation appears to be turning a corner after several lean years. Demand fundamentals are expected to support a further recovery over the next decade, though geographic... 7th May 2026 · 4 mins read
Europe Economics Update Italy: fiscal risks rising After three years of remarkable stability in Italy, a decline in Prime Minister Giorgia Meloni’s popularity and higher energy prices mean political and fiscal risks are rising again. 7th May 2026 · 4 mins read
Europe Economics Update Gas prices and European competitiveness The increase in European gas prices caused by the Iran war has been much smaller than in 2022 but it will make European industry less competitive compared to the US. Within Europe, it will weigh on... 1st May 2026 · 3 mins read
Europe Economics Weekly The ECB’s balancing act Data released this week add to the evidence that the hit to the economy from higher energy prices could be a bit bigger than we have assumed in our baseline forecasts. But the upside risks to... 1st May 2026 · 6 mins read
Global Economics Update Central banks indicate rising risk of near-term hikes We recently hosted an online Drop-In session to review the latest Fed, ECB and Bank of England decisions and what their communications imply for the future. (Recording available here.) This Update... 1st May 2026 · 6 mins read
Global Economics Focus China’s rising trade surplus and its global implications China’s trade surplus has reached a record 1% of world GDP and looks set to rise further. It’s been driven, in part, by a surge in China’s exports – China has gained export market share across both... 30th April 2026 · 18 mins read
