Pantheon Macroeconomics

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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.

Datanotes Daily Monitor Melanie Debono (Senior Eurozone Economist)

14 February 2024 Eurozone Monitor All the love for an early Swiss rate cut from the January CPI data

  • Swiss inflation fell sharply in January, beneath our below-consensus forecast...
  • ...We are sticking to our call that the SNB will first cut its key policy rate in March, by 25bp to 1.50%.
  • It will likely follow this up with 75bp-worth of cuts, split between 50bp in June and 25bp in September.

Melanie Debono (Senior Eurozone Economist)Eurozone

EZ Datanote: Industrial Production, Italy, December 2023

In one line: Suggests increase in GDP in Q4 will be revised down, but outlook is turning.

Melanie Debono (Senior Eurozone Economist)Eurozone

9 February 2024 Eurozone Monitor A rebound in quarterly GDP growth will not prevent SNB rate cuts

  • Swiss GDP likely fell in Q4 last year; it will recover this year as real disposable income growth rebounds. 
  •  But base effects mean GDP growth will slow to 0.7% this year, from 1.2% last year. 
  •  Inflation will stay low, the SNB will match ECB cuts to starve off CHF appreciation. 

Melanie Debono (Senior Eurozone Economist)Eurozone

EZ Datanote: Industrial Production, Germany, December 2023

In one line: Ugly; recession in industry will continue this quarter.  

Melanie Debono (Senior Eurozone Economist)Eurozone

EZ Datanote: Industrial Production, Spain, December 2023

In one line:  Output still rose in Q4, unlike in Germany and France. 

Melanie Debono (Senior Eurozone Economist)Eurozone

EZ Datanote: Sentix, Eurozone, February 2024

In one line: : Still pointing to a further increase in the PMI. 

Melanie Debono (Senior Eurozone Economist)Eurozone

EZ Datanote: Advance Inflation, France, January

In one line: Still consistent with our EZ call; all eyes on Germany later.

Melanie Debono (Senior Eurozone Economist)Eurozone

EZ Datanote: Advance GDP, Spain, Q4 2023

In one line: Better than expected but was it enough to prevent a decline in EZ GDP?

Melanie Debono (Senior Eurozone Economist)Eurozone

31 January 2024 Eurozone Monitor GDP data support a dovish shift; Spanish CPI not so much

  • Advance GDP data show the EZ economy barely budged last year.
  • Spanish inflation rose in January; we see no reason to alter our French and German calls in response...
  • ...But we are revising up our EZ inflation forecast by 0.1pp to 2.4%.

Melanie Debono (Senior Eurozone Economist)Eurozone

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Keywords for: Eurozone Documents

independent macro research, Eurozone Document Vault, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence,