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.

Chartbook Datanotes Weekly Monitor

EZ Datanote: INSEE Consumer Confidence, France, August 2024

In one line:  Continuing to edge up, despite still-high unemployment fears. 

Melanie Debono (Senior Eurozone Economist)Eurozone

27 August 2024 Eurozone Monitor Inflation expectations stabilising, but more ECB cuts are coming

  • Near- and longer-term consumer inflation expectations are stabilising above 2%...
  • ...Firms’ selling price expectations are mixed, but analysts and forecasters see inflation reaching 2%.
  • Inflation expectations support our call for further easing by the ECB in coming months.

Melanie Debono (Senior Eurozone Economist)Eurozone

August 2024 - EZ Economic Chartbook

THE ECB WILL CUT INTEREST RATES TWICE MORE THIS YEAR

  • SEPTEMBER AND OCTOBER LOOK MOST LIKELY TO US

Claus Vistesen (Chief Eurozone Economist)Eurozone

EZ Datanote: Advance PMIs, Eurozone, August 2024

In one line:  Activity springs back up again thanks to the Olympics. 

Melanie Debono (Senior Eurozone Economist)Eurozone

EZ Datanote: Advance PMIs, France, August 2024

In one line: Services boosted by the Olympics; manufacturing is sinking without a trace.

Claus Vistesen (Chief Eurozone Economist)Eurozone

EZ Datanote: Final Inflation, Eurozone, July 2024

In one line: Energy inflation will back in August and September; the core will remain high.

Claus Vistesen (Chief Eurozone Economist)Eurozone

EZ Datanote: Current Account, Eurozone, June 2024

In one line: A record high, but not sustainable; net portfolio flows are shifting.

Claus Vistesen (Chief Eurozone Economist)Eurozone

19 August 2024 Eurozone Monitor We think EZ net trade in goods is now switching to drag on growth

  • The Eurozone’s trade surplus rebounded in June, but net trade in goods likely dragged on growth in Q2.
  • We’re expecting this net trade drag on growth to continue for up to 12 months.
  • The trend in import growth, however, remains much weaker than implied by our consumption forecasts.

Claus Vistesen (Chief Eurozone Economist)Eurozone

EZ Datanote: GDP Flash, Switzerland, Q2 2024

In one line: Resilient to weak German activity and much better than we anticipated.

Melanie Debono (Senior Eurozone Economist)Eurozone

12 August 2024 EZ Monitor Is the Taylor Rule back as a forecasting tool in the Eurozone?

  • The link between the ECB’s policy rate and the Taylor Rule, which broke after the GFC, is reasserting itself.
  • A Taylor Rule with inflation expectations suggests the ECB is behind the curve on easing.
  • The model also indicates that the policy rate won’t fall as much as the consensus expects.

Claus Vistesen (Chief Eurozone Economist)Eurozone

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