Bert Colijn's Comment & Analysis
A complete archive of Bert Colijn's articles, including current analysis & comment - Page 3
Monetary easing is filtering through the lending channel more slowly, with borrowing growth among businesses and households showing signs of levelling off. Uncertainty in the economy seems to have...
The eurozone composite PMI came in at 50.2 in June – similar to May – indicating a stagnating economy after a robust first quarter. Concerns about escalation in the Middle East add a new downside...
A strong drop in core inflation in May to 2.3% and headline to 1.9% serves as a clear sign that undershooting the inflation target is still a possibility for the ECB. Expect the ECB to lower the...
The composite PMI declined from 50.4 to 49.5 in May, indicating that the eurozone is falling back into stagnation. It's worrisome that the main culprit is the service sector, which has long been the...
Economic growth accelerated in the eurozone from 0.2% to 0.4%, in part driven by one-offs. Underlying growth remains sluggish, but there are no signs of the deterioration that the European Central...
Higher interest rates and a stagnant economy keep bank lending on a weakening trend. Annual growth in broad money growth is now negative. This adds to expectations of a weak eurozone economy in the...