Pantheon Macroeconomics

Best viewed on a device with a bigger screen...

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.

accommodation

6 Sept 2021 The Balance of Evidence Still Points to a Robust Q3 in the EZ

  • Don't fret the July plunge in EZ retail sales; Q3 as a whole will be OK, and services will do even better.
  • The risk of new virus restrictions remains low, de- spite the uptick in new cases since the end of Q2.
  • Consumers' spending in services will deliver strong growth in Q3 in the major EZ economies.

Claus Vistesen (Chief Eurozone Economist)Eurozone

3 Sept 2021 The Swiss Economy is Outshining the EZ; will the CHF Rally Further?

  • The Swiss economy had regained more of its Covid losses than the euro area as of Q2.
  • We still expect it to complete its recovery in Q3, ahead of the EZ, and grow by 3.5% overall this year.
  • The outperformance and incoming ECB PEPP taper will push up the CHF; a headache for the SNB.

Claus Vistesen (Chief Eurozone Economist)Eurozone

12 Aug 2021 Your Guide to the Somewhat Confusing July CPI in Germany

  • VAT base effects in core goods were the main driver of the July leap in German inflation.
  • The yawning gap between national and HICP services inflation will close soon; the latter will rebound.
  • We now see clear evidence of a reopening bump in hospitality prices; will it be sustained?

Claus Vistesen (Chief Eurozone Economist)Eurozone

5 Aug 2021 We Remain Optimistic about the Reopening Upturn in Ser vices

The PMIs confirm that the Q2 upturn in services continued at the start of the third quarter.
Data in France and Spain suggest that hospitality came roaring back in Q2; more to come in Q3.
EZ retail sales jumped by 3.4% in Q2; growth will slow in Q3, but should remain robust.

Claus Vistesen (Chief Eurozone Economist)Eurozone

16 July 2021 Supply Constraints & Reopening Boost Italian & Spanish inflation

Earlier this week we delved into German and French inflation data, looking for signs of supply-side price pressures in goods prices, and a reopening bump in Covid-sensitive prices.

Claus Vistesen (Chief Eurozone Economist)Eurozone

14 July 2021 On the Hunt for Supply Pressures, and Reopening in the EZ CPI Data

Yesterday's detailed inflation data in Germany and France were similar, at least as far as the main story goes.

Claus Vistesen (Chief Eurozone Economist)Eurozone

3 June 2021 The Stage is Set for a Decent Rebound in Swiss GDP in Q2

In this Monitor, we are introducing our coverage of the Swiss economy, with a look at the recent Q1 GDP numbers, and an outlook for the rest of the year.

Claus Vistesen (Chief Eurozone Economist)Eurozone

25 Mar 2021 Very Strong EZ PMIs for March are Also, Unfortunately, Very Outdated

If we didn't know better, we could argue that yesterday's PMIs indicate that the EZ economy was on the road to a virus-free recovery by the end of Q1.

Claus Vistesen (Chief Eurozone Economist)Eurozone

1 Mar 2021 The ECB is Getting Worried About Rising Yields; PEPP to Accelerate?

Last week's speeches from key ECB officials provide clear evidence that the governing council is now slightly concerned about the increase in bond yields. 

Claus Vistesen (Chief Eurozone Economist)Eurozone

22 Feb 2021 February PMIs Confirm Double-Dip Recession in the EZ

Friday's February PMIs confirmed the two main trends in the EZ economy at the start of 2021. The private sector as a whole is reeling under sustained virus restrictions, but manufacturing is holding its own in the face of weakness in services.

Claus Vistesen (Chief Eurozone Economist)Eurozone

  Publication Filters

Change View: List   Small Grid  

Filter by Keyword

Filter by Publication Type

Filter by Author

Global Publications Only

Filter by Date

  Quick Tag Filters

Consistently Right

Access Key Enabled Navigation

Keywords for: Eurozone Documents

Eurozone Document Vault,