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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.

Global Datanotes Daily Monitor

EZ Datanote: Inflation, Switzerland, July 2024

In one line:  Stubborn domestic inflation means headline held steady.

Melanie Debono (Senior Eurozone Economist)Eurozone

EZ Datanote: Final Manufacturing PMIs, Eurozone, July 2024

In one line: We think the manufacturing PMI is too downbeat, even after the upward revision. 

Melanie Debono (Senior 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

EZ Datanote: Unemployment, Germany, July 2024

In one line: Further increases in jobless claims are on the horizon. 

Melanie Debono (Senior Eurozone Economist)Eurozone

EZ Datanote: Advance GDP, Spain, Q2 2024

In one line: Continuing to outperform; inflation fell further than expected in July.

Melanie Debono (Senior 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

EZ Datanote: Advance GDP & State CPIs, Germany, Q2 2024/July

In one line: The trend in GDP growth is still around zero; core inflation fell further in July.

Claus Vistesen (Chief Eurozone Economist)Eurozone

EZ Datanote: Advance GDP, France, Q2-24

In one line: Decent, but the details point to soft domestic demand.

Claus Vistesen (Chief Eurozone Economist)Eurozone

31 July 2024 Eurozone Monitor Solid Q2 GDP headline in the EZ, but the details are on the soft side

  • Germany was a laggard in Q2, again; GDP jumped in Spain, and rose solidly in Italy and France. 
  • We think the Q2 GDP numbers have increased the probability of a second ECB rate cut in September. 
  • German HICP inflation was hot, but Spain’s was soft; we still see EZ inflation stable at 2.5% in July.

Claus Vistesen (Chief Eurozone Economist)Eurozone

30 July 2024 Eurozone Monitor Not all inflation expectations are made alike; which are best?

  • The ECB’s CES suggests young people’s inflation expectations have increased since the pandemic… 
  • …This, in turn, implies that tail-risks for inflation have shifted to the upside, and above 2%. 
  • Relative inflation expectations for women and low-income workers seem correlated with wage growth.

Claus Vistesen (Chief Eurozone Economist)Eurozone

EZ Datanote: ISTAT Confidence, Italy, July 2024

In one line: Edging down, in line with deteriorating overall business sentiment in France and Germany 

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,