Weekly Economic Briefings - Eurozone Weekly Economic Briefing - Eurozone
Survey data this week shows that a strong rebound is continuing. But while the next round of forecasts will very likely prompt some upward adjustments to our eurozone numbers (currently we expect 1.4% q/q growth for Q2), downside risks have not fully vanished. Supply bottlenecks in manufacturing and the increasing prevalence of the delta variant are the two main headwinds that the eurozone economy could face over the coming months. Italian Prime Minister Draghi’s meeting with EC President Ursula von der Leyen in Rome this week coincided with the EC giving the green light for Italy’s Recovery Plan. But as we warned in a recent publication, without structural reforms the plan will not be a game-changer, resulting in only marginal support for the Italian economy over the next few years.
- The following represents a general Table of Contents outline for the Eurozone Weekly Economic Briefing.
- The actual report may cover any or all of the topics listed below.
- Eurozone Weekly Economic Briefings
- Lead Article: Two to five page briefing headed by a synopsis of events-driven analysis for the week, which highlights most recent data releases, and political and economic developments.
- Historical, forecast, and analytical charts and graphs support
- the lead article.
- Country specific and/or Eurozone charts include the most relevant indicators and exemplify any changes in the outlook.
- The historical charts typically offer a 10 to 15 year time series and cover headline and other relevant indicators including GDP, employment, inflation, exchange rate changes, consumer and business confidence, developments in the capital markets, the composition of sovereign debt including amortization schedules and changes in yields, economic outlook by sector, etc. The forecast charts typically look out to four years ahead.
- In addition, analytical graphics clearly present empirical evidence supporting the text.
- Latest Data in Detail: One to two pages of summary analysis and associated graphics that offer a 10 to 15 year snapshot of the week’s data releases. .
- The Week Ahead: A chart of scheduled data releases including the last release and consensus forecast.
- Key Indicators: Eurozone table showing monthly percentage changes for the past year for the following: Industrial production; unemployment; CPI; business and consumer confidence; and trade.
- Financial Indicators: Eurozone table showing monthly percentage changes for the past year for interest and exchange rates, money supply, share price indices and net foreign direct investment.