Pantheon Macroeconomics

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Eurozone Publications

Below is a list of our Eurozone Publications for the last 5 months. If you are looking for reports older than 5 months please email info@pantheonmacro.com, or contact your account rep

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Freya Beamish (Chief Asia Economist) Andrés Abadía (Chief LatAm Economist) Melanie Debono (Senior Eurozone Economist) Samuel Tombs

19 August 2025 Eurozone Monitor EZ goods trade surplus nears zero as US exports continue to slide

  • The hit to EZ goods trade from higher US tariffs is visible in the nominal monthly figures. 
  • Goods trade was a drag on EZ GDP in Q2, mainly due to a fall in exports to the US in April to June. 
  • We suspect the nominal goods trade surplus will turn to a deficit in Q3.

EZ Datanote: Trade, EZ, June 2025

In one line: Net trade in goods was a drag on GDP in Q2. 

EZ Datanote: ZEW, Germany, August 2025

In one line: Down, in line with the fall in the sentix. 

EZ Datanote: Inflation, Switzerland, July 2025

In one line: Above consensus; September cut hangs in the balance. 

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Keywords for: Eurozone Documents

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