Europe Data Response French CPI (Sep.) Although France’s headline HICP inflation rate held above zero in September, today’s data revealed that price pressures remain exceptionally weak and will add to the growing pressure on the ECB to... 14th October 2015 · 1 min read
Europe Data Response French, Italian & Dutch Industrial Production (Aug.) A mixed set of national industrial production data for August from France, Italy and the Netherlands suggested that while euro-zone industry might have fared slightly better in Q3 than it did in Q2... 9th October 2015 · 1 min read
Europe Chart Pack Deflation dangers still lingering While the crisis in Greece appears to have receded at least temporarily, the euro-zone still faces serious challenges in the form of weak growth and persistent deflation risks. As the Chart below... 2nd September 2015 · 1 min read
Europe Economics Focus Will labour reforms get France working again? France’s Government has finally started to tackle the country’s weak labour market. But we are sceptical that the reforms so far will be sufficient and think that more ambitious measures will be... 26th August 2015 · 1 min read
Europe Data Response Euro-zone GDP (Q2 Prov.) Euro-zone GDP growth lost some pace in the second quarter, with a renewed divergence between healthy growth in Germany and stagnation in France. 14th August 2015 · 1 min read
Europe Data Response French CPI (Jul.) Although the renewed fall in French inflation in July largely reflected the decline inthe price of oil, the data nonetheless confirmed that price pressures remain very subdued in the euro-zone’s... 13th August 2015 · 1 min read
Europe Data Response German, French & Spanish Industrial Production (Jun.) June’s industrial production from the euro-zone’s major economies suggested that next week’s figures on GDP growth in the currency union will reveal a slowdown from the already modest growth rates... 7th August 2015 · 1 min read
Europe Data Response French CPI (Jun.) France’s June inflation data confirmed that price pressures remain very subdued in the euro-zone’s second-largest economy. And the substantial slack in the labour market means that core inflation is... 15th July 2015 · 1 min read
Europe Economics Weekly New Greek bailout would just delay the inevitable There appears to be a chance that Greece and its creditors will come to a last minute agreement on a new bailout which avoids an imminent Greek departure from the currency union. But there are many... 10th July 2015 · 1 min read
Europe Data Response French & Italian Industrial Production (May) The rebound in French and Italian industrial production in May came as a welcome relief after Q2’s weak start and the disappointing German data earlier in the week. But across the euro-zone as a whole... 10th July 2015 · 1 min read
Europe Economics Update France's economic recovery will continue to disappoint The French economy’s decent start to 2015 is unlikely to have been sustained in Q2. Looking further ahead, we think that the recovery will struggle to gain significant pace over the next few years. In... 9th July 2015 · 1 min read
Europe Data Response French & Italian Industrial Production (Apr.) The falls in French and Italian industrial production in April suggest that euro-zone industry will be a weaker driver of GDP growth in Q2. 10th June 2015 · 1 min read
Europe Economics Weekly Greece on the brink Greece’s decision to emulate Zambia and bundle its June IMF payments has allowed another “make or break” moment to pass without either. But the continued divergences between the country and its... 5th June 2015 · 1 min read
Europe Data Response EC Business & Consumer Survey (May) The European Commission’s monthly Business and Consumer survey for May offered some assurance that the modest euro-zone recovery has continued despite the ongoing Greek crisis. 28th May 2015 · 1 min read
Europe Economics Weekly Market gyrations could threaten recovery The sharp rise in euro-zone bond yields and further appreciation of the euro last week might look like a response to the recent improvement in the euro-zone’s economic performance. But the renewed... 8th May 2015 · 1 min read
Europe Data Response French Industrial Production (Mar.) Although March’s French industrial production figures were a little disappointing, the sector has fared well at the start of 2015 and appears to have made a decent contribution to GDP growth in the... 7th May 2015 · 1 min read
