Pantheon Macroeconomics

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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 Inflation, France, January

In one line: Still consistent with our EZ call; all eyes on Germany later.

Melanie Debono (Senior Eurozone Economist)Eurozone

EZ Datanote: Advance GDP, Spain, Q4 2023

In one line: Better than expected but was it enough to prevent a decline in EZ GDP?

Melanie Debono (Senior Eurozone Economist)Eurozone

31 January 2024 Eurozone Monitor GDP data support a dovish shift; Spanish CPI not so much

  • Advance GDP data show the EZ economy barely budged last year.
  • Spanish inflation rose in January; we see no reason to alter our French and German calls in response...
  • ...But we are revising up our EZ inflation forecast by 0.1pp to 2.4%.

Melanie Debono (Senior Eurozone Economist)Eurozone

EZ Datanote: IFO, Germany, January 2024

In one line: Pointing to downside risks to our rebound call.

Melanie Debono (Senior Eurozone Economist)Eurozone

25 January 2024 Eurozone Monitor PMIs support our view that GDP will rebound in Q1, marginally

  •  ECB hawks will pounce on signs from the PMI of continued upward price pressures in services...
  • ...But the PMIs continue to suggest the EZ economy remains in a rut & manufacturing costs are sliding.
  • January’s inflation read will be more decisive for the timing of the ECB’s first rate cut; March is our call.

Melanie Debono (Senior Eurozone Economist)Eurozone

24 January 2024 Eurozone Monitor ECB BLS supports the case for easing sooner rather than later

  • Lending standards were tightened again in Q4, albeit less than in Q3; banks blamed risk perception.
  • Demand for loans again fell across the board, partly reflecting the continued rise in interest rates.
  • ECB doves can use the BLS to argue that financial conditions can ease, but will they?

Melanie Debono (Senior Eurozone Economist)Eurozone

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Keywords for: Eurozone Documents

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