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Eurozone Publications

Below is a list of our Eurozone Publications for the last 5 months. If you are looking for reports older than 5 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.

Datanotes Weekly Monitor Claus Vistesen (Chief Eurozone Economist)

EZ Datanote: Final Inflation, France, January 2026

In one line: Fall in electricity prices offset by higher prices at the petrol pump.

EZ Datanote: Final Inflation, Germany, January 2026

In one line: Fall in electricity prices offset by higher prices at the petrol pump.

EZ Datanote: Second Estimate of Q4 GDP, Employment and Trade, Eurozone

In one line: Decent growth confirmed, but risks tilted towards a downward revision in the third estimate. 

16 February 2026 Eurozone Monitor Negative SNB rates unlikely even if inflation hits sub-zero in February

  • Headline inflation in Switzerland held at 0.1%, as imported deflation eased despite a stronger CHF…
  • …Regardless, the SNB will not turn to negative rates and may intervene in FX markets instead.
  • Decent Q4 GDP growth in the EZ was confirmed, but risks are tilted towards a downward revision.

EZ Datanote: Industrial Production & Trade Balance, Germany, December 2025

In one line: Production stung by falling auto output, but still managed a decent Q4. 

9 February 2026 Eurozone Monitor German Q4 GDP growth set to be revised lower

  • German industrial production slides in December; Q4 GDP growth set to be revised lower.
  • Defence spending has long been visible in German manufacturing data; it should accelerate in 2026.
  • Spanish industry had a better Q4 than Q3 2025, but it is starting to lose steam.

EZ Datanote: Factory Orders, Germany, December 2025

In one line: Momentum is building, but running well ahead of the survey data.

EZ Datanote: Advance Inflation, Germany, January 2025

In one line: Falling energy and services inflation overpowered by rising inflation in food and core goods. 

EZ Datanote: State CPIs, Germany, January 2026

In one line: Sticky, and hawkish, relative to our expectations. 

EZ Datanote: Advance GDP & Unemployment, Germany, Q4/December 2025

In one line: Solid GDP, but risks tilted towards a downward revision later; nothing to see in the labour market. 

EZ Datanote: Advance GDP, Q4-25, France

In one line: Solid trend in domestic demand, ex-inventories.

2 February 2026 Eurozone Monitor Super Friday in the Eurozone less dovish than we expected

  • We now look for EZ headline inflation at 1.8% in January, with the core rate unchanged at 2.3%.
  • Energy and services inflation fell in Germany but were overpowered by rising goods and food inflation.
  • The EZ economy shrugged off tariff whiplash last year, ending 2025 on a high.

EZ Datanote: Money Supply, Eurozone, December 2025

In one line: Easing M1 growth offset by falling inflation, for now. 

EZ Datanote: Advance PMIs, Eurozone, January 2026

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

26 January 2026 Eurozone Monitor Resilience in EZ PMIs, but growth expectations are now higher too

  • EZ PMIs were resilient in January but now signal downside risk to growth relative to official forecasts.
  • The risk of a dovish surprise in the PMIs in Q1 has increased, given upbeat growth expectations.
  • Rising output prices in services are a key hawkish detail in the January PMIs; will this be sustained?
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Keywords for: Eurozone Documents

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