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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: 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?

EZ Datanote: Final Inflation, Eurozone, December 2025

In one line: The probability of further ECB easing is underpriced. 

19 January 2026 Eurozone Monitor EU-Mercosur trade deal is more geopolitics than economics

  • The Mercosur trade deal is an opportunity for Europe to regain regional influence it has ceded to China…
  • …We think EU farmers are better off than without the deal, despite their continued opposition.
  • The plunge in German inflation in December is confirmed; how far will inflation fall in January?

EZ Datanote: Full-year GDP, Germany, 2025

In one line: Back to growth; reversal of net trade drag a big upside risk to 2026 growth. 

EZ Datanote: Final Inflation, France, December 2025

In one line: One more decline coming in January before a rebound. 

12 January 2026 Eurozone Monitor Data point to relative resilience in France and Germany in Q4

  • A jump in German manufacturing points to upside risk to Q4 GDP, but we still see a modest 0.2% rise.
  • We’re lifting our Q4 growth forecast in France, by 0.2pp to 0.1%, due to strength in our nowcast model.
  • Evidence of robust Q4 GDP in France and Germany will be reassuring news for the ECB.
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independent macro research, Eurozone Document Vault, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence,