Bert Colijn's Comment & Analysis
A complete archive of Bert Colijn's articles, including current analysis & comment.
Eurozone retail sales declined by 0.1% in August compared to July. This sales trend has been roughly flat since April. The worried eurozone consumer is seemingly shying away from the shopping street...
Unemployment remains near all-time lows as the economy maintains a slow pace of growth amid significant uncertainty. So, despite a small uptick in the unemployment rate, the labour market mainly shows...
The pickup in inflation to 2.2% in September was mainly due to energy effects, which will fade in the months ahead. A small undershooting of the inflation target actually seems realistic around the...
Annual growth rates of lending to households and non-financial corporates ticked up in August, which indicates that the economy continues to experience moderate supportWhat today’s bank lending...
The composite PMI increased from 51 to 51.2 in September, indicating that the economy maintained a modest pace of growth in the third quarterWe suspected that last month’s very strong PMI was a...
The eurozone’s trade balance edged up slightly in July, driven mainly by a drop in imports, while exports also declined modestly. Excluding the energy crisis period, this marks one of the...
Inflation in the eurozone ticked up from 2% to 2.1% in August on the back of slowing energy price declines. Core inflation remained unchanged at 2.3%, confirming a rather stable inflation climate...
Falling unemployment suggests that the eurozone economy remains resilient in the face of global uncertainty. Modest economic growth seems realistic for the coming quarters, as the strong labour market...
Economic sentiment remains in line with muted growth for the eurozone, which is likely to be somewhat stronger than in the second quarter. Steady bank lending growth is also in line with that viewThis...
The small increase in the composite PMI from 50.9 to 51.1 indicates that the eurozone economy continues to weather global storms quite well. Improvements in new orders and increased hiring add to a...