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Eurozone Publications

Below is a list of our Eurozone 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.

Melanie Debono (Senior Eurozone Economist)

EZ Datanote: Advance PMIs, Eurozone, October

In one line: Barely budging fuelling market expectations for faster ECB rate cuts.

Melanie Debono (Senior Eurozone Economist)Eurozone

EZ Datanote: INSEE Business Confidence & Advance PMIs, France, October

In one line: Down, in line with our call that French GDP will slow again in Q4 after an Olympics boost in Q3.

Melanie Debono (Senior Eurozone Economist)Eurozone

23 October 2024 Eurozone Monitor Italy's MTFS plan rests on high potential-growth estimates

  • Italy’s MTFS plan suggests it is doing everything right, complying with new EU rules in quick order… 
  • ...This is because Rome is assuming potential growth of almost 1%, a dream scenario for Italy… 
  • ...What’s more, this year’s budget will be bigger than Rome thinks, making 2025 more difficult.

Melanie Debono (Senior Eurozone Economist)Eurozone

EZ Datanote: Trade Balance, Eurozone, August 2024

In one line: EZ trade balance pulled lower by rising imports, again. 

Melanie Debono (Senior Eurozone Economist)Eurozone

16 October 2024 Eurozone Monitor EZ auto sector struggling to shift into the right gear

  • EZ car production remains well below pre-pandemic levels and is still facing headwinds… 
  • ...Demand is subdued, and new emissions standards come into effect in 2025. 
  • The sector will stay on the back foot without a push to innovate, most notably to develop cheaper EVs.

Melanie Debono (Senior Eurozone Economist)Eurozone

EZ Datanote: Industrial Production, Italy, August 2024

In one line: Still on track for a sixth straight quarterly fall in Q3.

Melanie Debono (Senior Eurozone Economist)Eurozone

EZ Datanote: Retail Sales, EZ, August 2024

In one line: Probably underestimating the true strength in sales.

Melanie Debono (Senior Eurozone Economist)Eurozone

EZ Datanote: Industrial Production, France, August 2024

In one line:  Q3 will be better than expected for French industry. 

Melanie Debono (Senior Eurozone Economist)Eurozone

EZ Datanote: Final PMIs, Eurozone, September 2024

In one line: Likely to fall further this month but also likely overdoing the weakness in the economy.

Melanie Debono (Senior Eurozone Economist)Eurozone

4 October 2024 Eurozone Monitor Swiss inflation falls below 1% and has further to slide

  • Swiss inflation fell below 1% in September for the first time since 2021. 
  • Inflation averaged 1.1% in Q3, in line with the SNB’s call, but will fall further than the Bank expects in Q4. 
  • The door is wide open for further rate cuts; the SNB could take its key policy rate close to zero.

Melanie Debono (Senior Eurozone Economist)Eurozone

3 October 2024 Eurozone Monitor Robust EZ labour market unlikely to derail further ECB easing

  • The Eurozone unemployment rate held at 6.4% in September and is likely to remain steady for now. 
  • The ECB also sees a broadly unchanged unemployment rate over the coming quarters. 
  • A still-tight labour market will prevent neither a slowdown in wage growth nor more ECB easing.

Melanie Debono (Senior Eurozone Economist)Eurozone

EZ Datanote: Advance Inflation, Eurozone, September 2024

In one line: Fall in core confirmed & headline below the ECB’s target; October’s rate cut is a go

Melanie Debono (Senior Eurozone Economist)Eurozone

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independent macro research, Eurozone Document Vault, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence,