Europe Rapid Response Germany Industrial Production (Aug.) The big increase in German industrial production in August isn’t much reason to celebrate as it was only enough to offset the previous month’s sharp decline. The big picture remains that industrial... 8th October 2024 · 2 mins read
Europe Economics Weekly France budget needs more than temporary fixes Despite the new French government’s plan to tighten fiscal policy by 2% of GDP next year, the country’s debt dynamics appear no better than they did a few weeks ago. Moreover, the government is... 4th October 2024 · 8 mins read
Europe Commercial Property Update German logistics to go from leader to laggard Tight supply conditions have boosted German prime logistics rents despite weak occupier demand. This looks set to continue over the next year or two given completions pipelines for the German markets... 26th September 2024 · 4 mins read
Capital Daily Will recession in Germany drag stocks there down? We expect equities in Germany to continue rising even though the economy there appears to be in another ‘technical’ recession. But we expect them to lag those elsewhere over the coming year or so. 25th September 2024 · 4 mins read
Europe Economics Update Your questions answered We held an online Drop-In session this week to discuss the outlook for the euro-zone. (See a recording here.) This Update addresses some of the questions that we received, including some that we didn... 25th September 2024 · 6 mins read
Europe Rapid Response Germany Ifo Survey (September 2024) The fall in the German Ifo in September adds to the evidence that the German economy is back in recession. With growth in the rest of the euro-zone also slowing, the likelihood of a rate cut by the... 24th September 2024 · 2 mins read
Capital Daily Inflation rather than growth likely to be key for EZ bonds We think government bond yields in the euro-zone will rebound a bit, particularly in those countries, like France, where public finances are concerning. 23rd September 2024 · 5 mins read
Europe Rapid Response Flash Euro-zone PMIs (Sep. 2024) The big decline in the euro-zone Composite PMI suggests that the economy is slowing sharply, that Germany is in recession and that France’s Olympics boost was just a blip. 23rd September 2024 · 2 mins read
Europe Economic Outlook Economy slowing again The euro-zone appears to have lost some momentum and is likely to remain sluggish in the coming quarters. The core economies are the weakest, led by Germany which is probably in another technical... 18th September 2024 (Updated 1st October 2024) · 28 mins read
Europe Rapid Response Germany Industrial Production (Jul.) The big drop in German industrial production in July adds to the sense that the sector is facing a deep crisis and that, having contracted in Q2, the German economy may fall back into a technical... 6th September 2024 · 2 mins read
Europe Rapid Response Germany State Elections The big rise in populist parties in elections in two East German states at the weekend doesn’t threaten the survival of the governing coalition but it points to some political challenges in Germany... 2nd September 2024 · 3 mins read
Europe Economics Update Germany and Spain HICP (Aug.) Inflation figures for Germany and Spain suggest that euro-zone headline inflation may have fallen to the ECB’s 2% target in August and that the core rate edged down. That paves the way for a September... 29th August 2024 · 2 mins read
Europe Economics Update EU semiconductor industry will continue to lag behind Although the EU is making progress in expanding its semiconductor production capacity, including through a new plant in Dresden, it is still a long way behind the US and Asia and is unlikely to catch... 23rd August 2024 · 5 mins read
