Swiss inflation expected to decline further to -1.2% yoy in April

Jun 08, 2015 05:37 am UTC| Commentary

In May, the Swiss headline inflation rate is likely to decline further to -1.2% yoy, with energy prices weighing heavily on the yoy comparison despite continuing to rise on a mom comparison. While base effects resulting...

French HICP inflation expected at 0.4% yoy in May

Jun 08, 2015 05:28 am UTC| Commentary

French HICP inflation is expected to rise to 0.4% yoy in May after its reading of 0.1% yoy in April. France is traditionally the last of the big four European countries to publish their consumer price numbers as they do...

French industrial production to weaken in April

Jun 08, 2015 05:22 am UTC| Commentary

The French National of Statistics (INSEE) to report that industrial activity decreased slightly by 0.2% mom (+0.4% yoy) in April."Looking at the breakdown, energy output is likely to have dropped by 0.3% mom in April,...

Bank of France Business Sentiment to remain stable in May

Jun 08, 2015 05:16 am UTC| Commentary

The Bank of France Business Sentiment indicator for the manufacturing sector is likely to remain stable at 98 in May, despite small improvements in the INSEE survey this month. On one hand, a consumption led recovery, with...

Euro area industrial output to weaken further in April

Jun 08, 2015 05:07 am UTC| Commentary

In April, euro area industrial activity is expected to have decreased by 0.2% mom, following the larger-than-expected drop of 0.3% mom posted in March. Exports orders have been disappointing as the positive impact of a...

Q1 15 euro area GDP breakdown to show a consumption led recovery

Jun 08, 2015 04:53 am UTC| Commentary

The third estimate of euro area GDP should confirm the first and second estimate of 0.4% QoQ and 1.0% YoY. Looking at the breakdown, Societe Generale says, the euro area is going through a consumption led recovery. This is...

Daily Economic Outlook: 8th June, 2015

Jun 08, 2015 04:39 am UTC| Commentary

Amidst signs that the recent acceleration in Euro area activity is continuing into Q2, todays focus will be on German industrial production for April. After a disappointing Q1 which saw average monthly growth of -0.2%,...