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 Weekly Monitor

8 April 2024 Eurozone Monitor Hard data support our view of a 0.2% increase in EZ GDP in Q1

  • Industrial production in the Eurozone likely jumped in February but fell over Q1 as a whole.
  • Retail sales data point to a subdued EZ consumer in Q1, but the services numbers will look better.
  • Our Nowcast model points to EZ GDP stagnating in Q1, but it is too downbeat; a 0.2% rise is more likely.

Claus Vistesen (Chief Eurozone Economist)Eurozone

EZ Datanote: Advance Inflation, Germany, March

In one line:   EZ inflation on track to undershoot the consensus tomorrow. 

Claus Vistesen (Chief Eurozone Economist)Eurozone

2 April 2024 Eurozone Monitor Early HICP data point to downside risks for EZ inflation in March

  • Early HICP numbers point to downside risks to EZ inflation, but beware Easter effects in Germany.
  • A soaring French budget deficit in 2023 raises the risk of a confidence-denting income tax hike in 2024.
  • The Eurozone money supply data are picking up, supporting a further rebound in the composite PMI.

Claus Vistesen (Chief Eurozone Economist)Eurozone

EZ Datanote: Money Supply, EZ, Feb; ISTAT Confidence, Italy, Mar & Unemployment, Germany, Mar

In one line:  Improvement in money supply continues; Italian business confidence rises & German unemployment will climb further. 

Melanie Debono (Senior Eurozone Economist)Eurozone

EZ Datanote: ESI, EZ, March 2024

In one line: Consistent with a rise in EZ GDP this quarter.

Melanie Debono (Senior Eurozone Economist)Eurozone

EZ Datanote: GfK Consumer Confidence, Germany, April

In one line: Pointing to a recovery in consumption, albeit a tepid one.

Melanie Debono (Senior Eurozone Economist)Eurozone

25 March 2024 Eurozone Monitor Eurozone survey data slowly but surely rebounding

  • The Eurozone PMIs suggest services activity is now rebounding; the outlook for Q2 is brightening.
  • Germany and France are holding the EZ economy back; Southern Europe is doing the heavy lifting.
  • We still see the euro area economy returning to growth in Q1, with a 0.2% increase in GDP.

Samuel TombsEurozone

EZ Datanote: Advance PMIs, Germany, March 2024

In one line: Better, but likely not enough to prevent another decline in GDP in Q1.

Claus Vistesen (Chief Eurozone Economist)Eurozone

EZ Datanote: SNB Rate Decision, Q1 2024

In one line:  The SNB beats the ECB to the punch on rate cuts. 

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,