Pantheon Macroeconomics

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Pantheon Publications

Below is a list of our Publications for the last 5 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.

germany

EZ Datanote: Factory Orders, Germany, December 2025

In one line: Momentum is building, but running well ahead of the survey data.

EZ Datanote: Retail Sales, Germany, December 2025

In one line: Decent Q4, with revisions now signalling strong growth in 2025.

EZ Datanote: Advance Inflation, Germany, January 2025

In one line: Falling energy and services inflation overpowered by rising inflation in food and core goods. 

EZ Datanote: State CPIs, Germany, January 2026

In one line: Sticky, and hawkish, relative to our expectations. 

EZ Datanote: Advance GDP & Unemployment, Germany, Q4/December 2025

In one line: Solid GDP, but risks tilted towards a downward revision later; nothing to see in the labour market. 

EZ Datanote: ZEW, Germany, January 2026 & Construction Output, Eurozone, November 2025

In one line: Investor were optimistic ahead of the stand-off over Greenland; EZ construction sector turning a corner.

EZ Datanote: Full-year GDP, Germany, 2025

In one line: Back to growth; reversal of net trade drag a big upside risk to 2026 growth. 

Global Datanote: Full-year GDP, Germany, 2025

In one line: Back to growth; reversal of net trade drag a big upside risk to 2026 growth. 

EZ Datanote: EZ Construction PMIs & German Unemployment, December 2025

In one line: A modest improvement in EZ construction; no change in Germany’s labour market.   

EZ Datanote: Retail Sales, Germany, November 2025

In one line: Poor, but still consistent with slightly better growth in Q4.

EZ Datanote: ZEW, Germany, November 2025 & Trade Balance, EZ, October 2025

In one line: Pointing to upside risks to our call for French GDP to fall in Q4. 

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Keywords for: Publications

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