6 Aug 2020 Strong EZ PMIs and Retail Sales Overstate the Economy's Strength

Claus Vistesen (Chief Eurozone Economist)5th Aug 2020 20:10Eurozone, Economic Monitor

Judging solely by yesterday's PMI and retail sales data, the EZ economy has shaken off the virus and is going from strength to strength.

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accommodation August automotive base effects bonds budget capital goods composite pmi consumer consumer confidence consumer sentiment covid-19 cpi dax 30 deficit economy equities eu euro euro area europe eurozone eurozone economy Eurozone equities exports ez ez gdp EZ services index financial conditions food food sector forecasts france gdp german manufacturing germany growth growth rate health households imports index industrial output investors italy July July pmis June liquidity m1 manufacturing manufacturing index manufacturing pmi March markets msci net exports netherlands new orders nominal gdp November October online sales orders pmi pmis production q1 q2 q3 q4 real gdp remain retail retail sales sentiment September services index services pmi spain survey trade trade deficit trade surplus us

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