Pantheon Macroeconomics

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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

EZ Datanote: Construction, Eurozone, July 2025

In one line: A decent start to Q3, but the carry-over is still negative.

EZ Datanote: Trade, EZ, July 2025

In one line: The drag on GDP from net trade in goods is disappearing. 

EZ Datanote: Final Inflation, Germany, August 2025

In one line: A further near-term rise is coming before a plunge in early 2026.

15 September 2025 Eurozone Monitor Closer to an estimate for the Q1 2026 fall in German energy prices

  • Fiscal easing to reduce energy prices will lower German inflation by 0.4-to-0.5pp in January.
  • Eurozone employment growth eased in Q2, continuing the downward trend since 2022…
  • …Hiring is falling in manufacturing and agriculture, even as it holds up well in construction and services.

EZ Datanote: Industrial Production & Trade, Germany, July 2025

In one line: Solid production numbers, but net trade in goods remain under pressure.

EZ Datanote: Detailed GDP, Eurozone, Q2 2025

In one line: Growth slows as tariff front-running disappears.

EZ Datanote: Factory Orders, Germany, July 2025

In one line: As we expected, but where was the Airbus-driven upward revision?

8 September 2025 Eurozone Monitor Lifting our EZ H2 GDP forecasts, but downside risks still loom

  • EZ GDP rose in Q2 only because of an accumulation of inventories...
  • ...Inventories are now set to crash, but the drag from net trade will be buffered by a fall in imports.
  • We now look for continued, albeit still-weak, Eurozone GDP growth in the second half of the year.

EZ Datanote: Construction PMI, Eurozone, August 2025

In one line: Better; inflation pressures remain strong despite subdued activity.

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Keywords for: Eurozone Documents

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