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.

Emerging Asia Daily Monitor Datanotes

EZ Datanote: Industrial Production, Italy, March 2025

In one line: Industry will likely support GDP again in Q2, but downside risks remain.

EZ Datanote: Retail Sales, EZ, March 2025

In one line: Still trending sideways, as they have since November. 

EZ Datanote: Advance Inflation, Eurozone, April 2025 & Unemployment, Eurozone, March 2025

In one line: Inflation held steady, but declines are coming; we are adding a July ECB rate cut. 

2 May 2025 Eurozone Monitor Trade uncertainty is now weighing on Eurozone investment

  • We now think EZ investment is falling, mainly due to sustained weakness in machinery and equipment. 
  • Leading indicators for construction and services capex look solid, at least before the tariff shock. 
  • Surveys point to downside risks for inventories in H1, but brace for significant volatility this year.

EZ Datanote: Advance GDP, EZ, Q1 2025

In one line: GDP growth pick up in Q1 will prove short-lived as trade uncertainty hits. 

EZ Datanote: State CPIs & Unemployment, Germany, April/March 2025

In one line: Germany CPI looks softer than we anticipated, but core inflation rose. 

EZ Datanote: Advance GDP, France, Q1 2025

In one line: Barely growing, and trade uncertainty could well keep it that way in 2025. 

1 May 2025 Eurozone Monitor Eurozone in rude health on the eve of the tariff shock

  • The Eurozone economy was stronger in the first quarter than both we and the ECB expected. 
  • The pick-up in growth will prove short-lived, as trade uncertainty bites down on investment. 
  • Country data point to EZ inflation at 2.1% in April; we still see a chunky upside surprise in the core.

EZ Datanote: ESI, EZ, April 2025

In one line: Down but pointing to higher inflation expectations.

EZ Datanote: ISTAT Confidence, Italy, April 2025

In one line: Business sentiment sours on pessimism in services.  

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Keywords for: Eurozone Documents

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