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.

eurostat

10 Sept 2021 A Slight Slowdown in PEPP is Coming in Q4, as Expected

  • The ECB will slow the pace of PEPP in Q4, probably by around €20B, to €60-€70B per month.
  • Bond yields fell as Ms. Lagarde spoke, but will the ECB's decision on PEPP in Q4 satisfy markets?
  • The German trade surplus snapped back in July, as imports plunged; more of the same is coming.

Claus Vistesen (Chief Eurozone Economist)Eurozone

27Aug 2021 Europe Still has Low Birthrates, but they're Not Falling Anymore

  • European birth rates have rebounded since the end of the 1990s, but remain below replacement levels.
  • The rebound in German marriage and birth rates stands out; not much sign of a rebound elsewhere.
  • Women are still postponing having their first child; that will continue to hold back total fertility rates.

Claus Vistesen (Chief Eurozone Economist)Eurozone

24 Aug 2021 Including Housing Costs would lift EZ HICP Inflation, but not by Much

  • There are many statistical hurdles to overcome to include housing costs into the EZ HICP...
  • ...A rough & ready estimate suggests inflation would have been 0.3pp higher, on average, since 2011.
  • Even if house price growth continues to accelerate, we doubt it will lead to tighter monetary policy.

Claus Vistesen (Chief Eurozone Economist)Eurozone

4 Aug 2021 All Set for Record-Busting Q3 GDP Growth in the EZ Economy

We're raising our 2021 growth forecasts for France, mostly due to technicals linked to recent revisions.
We now think German GDP will rise by just 2.7% in 2021, but the carry-over into 2022 will be solid.
Our new Q3 forecasts are broadly in line with the consensus; all set for a spectacular quarter.

Claus Vistesen (Chief Eurozone Economist)Eurozone

26 July 2021 The Economic Upturn in the EZ Continued at the Start of Q3

The PMIs point to a sustained, and strong, expan- sion in EZ economic activity at the start of Q3.

The renewed surge in virus cases is a threat to the lofty consensus Q3 forecast.

The EZ budget deficit remained wide in Q1, but it will come down as the economy recovers.

Claus Vistesen (Chief Eurozone Economist)Eurozone

5 July 2021 How to get a Better Sense of what is Happening in EZ Services

We recently wrote about the prospects of a reopening leap in core inflation—see here—as the restrictions are eased.

Claus Vistesen (Chief Eurozone Economist)Eurozone

15 Apr 2021 The EZ Manufacturing Upturn Continues, But at a Slower Pace

The upturn in euro area manufacturing stalled midway through the first quarter.

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,