Pantheon Macroeconomics

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Pantheon Publications

Below is a list of our Publications for the last 5 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.

27 January 2026 Eurozone Monitor Week in preview: a dovish surprise in German inflation on Friday?

  • We see downside risks to the early inflation data for January in Germany and Spain, out this week…
  • …But we’re slightly above the consensus on Eurozone Q4 GDP growth, at 0.3%. 
  • Will the January jump in the services output price PMI be replicated in the EC survey? We doubt it. 

27 January 2026 UK Monitor Retail sales volumes will keep trending up

  • Retail sales growth month-to-month was flattered by jewellery sales and seasonals in December.
  • But revisions mean sales increased by a solid 2.7% month-to-month annualised over 2024-to-25.
  • Rising major purchase intentions and younger people’s confidence bode well for the outlook.

UK Datanote: UK Flash PMIs, January 2026

  • In one line: Economic momentum to build in Q1.

UK Datanote: Retail Sales, December 2025

  • In one line:Retail sales rebound and have further to recover in 2026.

UK Datanote: UK GfK Consumers' Confidence Survey, January 2026

  • In one line: Consumers' confidence can continue to rise slowly in 2026.

EZ Datanote: Advance PMIs, Eurozone, January 2026

In one line: Decent, but now signals downside risks relative to official forecasts. 

Global Datanote: Advance PMIs, Eurozone, January

In one line: Decent, but now signals downside risks relative to official forecasts. 

Global Datanote: INSEE Business Confidence & Advance PMIs, France, January

In one line: Strength in manufacturing, but PMIs signal weakness in services. 

EM Asia Datanote: Customs Trade, Thailand, December 2025

  • In one line: Exports end 2025 with a bang; those to the US continue to defy gravity.

PM Datanote: US Jobless Claims / Q3 GDP

 Low claims largely due to lower-than-usual post-holiday layoffs.

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independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence