Pantheon Macroeconomics

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Pantheon Publications

Below is a list of our Publications for the last 6 months. If you are looking for reports older than 6 months please email info@pantheonmacro.com, or contact your account rep.

Please use the filters on the right to search for a specific date or topic.

UK Datanote: UK Money & Credit, April 2024

  • In one line: April was a bad month for consumers, but don’t write them off.

Rob Wood (Chief UK Economist)UK

PM Datanote: US Chicago PMI, May

A headscratcher, but an unreliable signal for the broader economy.

Oliver Allen (Senior US Economist)US

PM Datanote: US Personal Income & spending, April

Real incomes, spending and core prices increases are all slowing.

Oliver Allen (Senior US Economist)US

PM Datanote: Industrial Production and Retail Sales, Chile, April

  • In one line: Struggling on a sequential basis, despite the solid headline numbers.

Andrés Abadía (Chief LatAm Economist)Latin America

EM Asia Datanote: Q1 GDP and April Core Production, India

  • In one line: Exports—alone—steal the show in Q1, papering over a continued slowdown in domestic demand.

Miguel Chanco (Chief EM Asia Economist)Emerging Asia

Global Datanote: Advance Inflation, EZ, May 2024

In one line: Services too hot to handle, but the trend isn’t 4%.

Claus Vistesen (Chief Eurozone Economist)Global

EZ Datanote: Advance Inflation, EZ, May 2024

In one line: Services too hot to handle, but the trend isn’t 4%.

Claus Vistesen (Chief Eurozone Economist)Eurozone

EZ Datanote: Detailed GDP, Italy, 2024

In one line: Domestic demand, including inventories, rose; net exports plunged. 

Claus Vistesen (Chief Eurozone Economist)Eurozone

EZ Datanote: Advance Inflation & Consumers' Spending, May/Apr 2024

In one line: The HICP comes in hot; April spending dented by Easter seasonals.

Claus Vistesen (Chief Eurozone Economist)Eurozone

UK Datanote: U.K. Nationwide House Prices, May 2024

  • In one line: House prices are resisting the mortgage rate rise.

Rob Wood (Chief UK Economist)UK

EZ Datanote: Retail Sales, Germany, April 2024

In one line: Disappointing, but don’t write off Q2 consumption just yet.

Claus Vistesen (Chief Eurozone Economist)Eurozone

PM Datanote: US GDP Second Estimate/Advance Goods Trade

GDP details better than the headline, but growth is slowing.

Oliver Allen (Senior US Economist)US

31 May 2024 UK Monitor Wage growth is still slowing, but the next two months will be bumpy

  • The National Living Wage hike will push private-sector regular pay to a solid 0.8% month-to-month April rise.
  • But survey indicators continue to signal gradually slowing wage growth, as recruitment difficulties ease.
  • Average weekly earnings growth should slow decisively in H2 2024 as the NLW distortions fade.

Rob Wood (Chief UK Economist)UK

31 May 2024 Eurozone Monitor EZ headline inflation likely rose in May, matching the consensus

  • Inflation in the Eurozone likely rose a touch in May, to 2.5%, in line with the consensus.
  • The EZ labour market is in rude health but poses no threat to the slowdown in wages and inflation, yet. 
  • The Swiss economy performed better than initially estimated in Q1, boosted by services.

Claus Vistesen (Chief Eurozone Economist)Eurozone

EZ Datanote: Advance Inflation, Germany, May 2024

In one line: Jump in services inflation stands out like a sore thumb.

Claus Vistesen (Chief Eurozone Economist)Eurozone

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