Pantheon Macroeconomics

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Pantheon Publications

Below is a list of our 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.

Claus Vistesen (Chief Eurozone Economist)

5 August 2024 EZ Monitor SNB will still cut twice more, despite inflation holding steady

  • Swiss inflation held steady in July, but this means it was still in line with the SNB’s target.
  • The headline inflation rate will creep lower in the coming months, allowing for further easing.
  • EZ industry ended Q2 on a good note, enough to escape recession last quarter and boost GDP.

Claus Vistesen (Chief Eurozone Economist)Eurozone

2 August 2024 Eurozone Monitor The EZ labour market was solid in Q2, despite softening surveys

  • Eurozone unemployment rose slightly in June, but the underlying trend is still flat. 
  • Surveys point to downside risks to employment growth and upside risks to unemployment in H2… 
  • …Yet our own GDP growth forecasts point to a better near-term outlook.

Claus Vistesen (Chief Eurozone Economist)Eurozone

1 August 2024 Eurozone Monitor September ECB rate cut looks safe, but December less so

  • Inflation was slightly hotter than we expected in July but is still on track for a sharp fall in August. 
  • Disinflation in core goods and food will reverse soon, creating a challenge for the ECB in Q4. 
  • We still see an ECB rate cut in September, but no longer in December; we now have two cuts in H1-25. 

Claus Vistesen (Chief Eurozone Economist)Eurozone

Global Datanote: Advance PMIs, Eurozone, July 2024

In one line: Hanging on for dear life, but also likely underestimating the pace of growth.

Claus Vistesen (Chief Eurozone Economist)Global

EZ Datanote: Advance PMIs, Eurozone, July 2024

In one line: Hanging on for dear life, but also likely underestimating the pace of growth.

Claus Vistesen (Chief Eurozone Economist)Eurozone

Global Datanote: Advance PMIs & GfK Consumer Confidence, Germany, Jul/Aug

In one line: PMI lower by weakness in manufacturing; services and consumer sentiment are looking much better.

Claus Vistesen (Chief Eurozone Economist)Global

EZ Datanote: Advance PMIs & GfK Consumer Confidence, Germany, Jul/Aug

In one line: PMI lower by weakness in manufacturing; services and consumer sentiment are looking much better.

Claus Vistesen (Chief Eurozone Economist)Eurozone

Global Datanote: Advance PMIs, France, July 2024

In one line: Poor, but GDP growth is stronger than implied by the headlines.

Claus Vistesen (Chief Eurozone Economist)Global

EZ Datanote: Advance PMIs, France, July 2024

In one line: Poor, but GDP growth is stronger than implied by the headlines.

Claus Vistesen (Chief Eurozone Economist)Eurozone

EZ Datanote: Current Account, Eurozone, May 2024

In one line: The headline should soon fall; foreign demand for EZ assets remain strong.

Claus Vistesen (Chief Eurozone Economist)Eurozone

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independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence