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    Current Economic Indicators - Euro Zone

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    Shiva Dutta
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    Current Economic Indicators - Euro Zone

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    Shiva Dutta
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    Euro Zone

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    Euro Zone-1

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    Euro Zone

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    35 views2 pages

    Current Economic Indicators - Euro Zone

    Uploaded by

    Shiva Dutta
    Euro Zone

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
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    CURRENT ECONOMIC INDICATORS EURO ZONE

    March 20, 2013

    Monthly economic indicators*


    Sep-12 Euro area Germany France Italy Spain 'Core' euro area HICP M1 M3 Private sector credit growth Private sector loan growth Unemployment rate, % Unemployment, m/m change (000s) Industrial orders Industrial production Retail sales (ex autos) Euro area composite PMI (50 = no change) Euro area manufacturing PMI (50 = no change) Euro area services PMI (50 = no change) German Ifo business climate French INSEE business sentiment Italy ISTAT business confidence

    Oct-12 HICP inflation, % y/y 2.5 2.1 2.1 2.8 3.5 1.5 6.5 3.9 -1.5 -0.8 Labour market 11.7 237 -0.8 -0.5 Survey readings (indices) 100.1 85 87.8

    Nov-12 2.2 1.9 1.6 2.6 3.0 1.4 6.7 3.8 -1.6 -0.8 11.8 111 -0.8 0.2 101.5 86 88.5

    Dec-12 2.2 2.0 1.5 2.6 3.0 1.5 6.3 3.4 -0.8 -0.7 11.8 33 0.9 -0.8 102.5 87 89.0

    Jan-13 2.0 1.9 1.4 2.4 2.8 1.3 6.7 3.5 -1.1 -0.9 11.9 201 -0.4 1.2 104.3 87 88.3

    Feb-13 1.8 1.8 1.2 2.0 2.9 1.3 107.4 87 88.5

    2.6 2.1 2.2 3.4 3.5 1.5 5.0 2.6 -1.2 -0.9 11.6 157 -1.9 -1.6 101.4 86 88.5

    Euro area money and credit, % y/y

    Euro area conjunctural activity indicators, % m/m

    *Data shown in grey italics are preliminary/'flash' estimates. HICP excluding energy, food, alcohol and tobacco Survey data use differing methodologies; therefore index levels of each survey are not comparable across economies.

    Monthly financial indicators**


    Sep-12 ECB refi rate, % Germany: 2-year government yield, % Germany: 5-year government yield, % Germany: 10-year government yield, % Italy: 10-year government yield, % EUR/USD Euro TWI (broad measure, index) Euro Stoxx 50
    # #

    Oct-12 0.75 0.03 0.55 1.60 4.95 1.30 107.21 2,503

    Nov-12 0.75 -0.02 0.45 1.47 4.51 1.28 106.66 2,514

    Dec-12 0.75 -0.04 0.39 1.38 4.53 1.31 108.23 2,626

    Jan-13 0.75 0.26 0.77 1.65 4.33 1.33 109.81 2,715

    Feb-13 0.75 0.02 0.48 1.52 4.76 1.34 111.06 2,630

    0.75 0.01 0.53 1.54 5.18 1.29 106.62 2,531

    Nominal effective exchange rate weighted by 41 largest euro area trading partners. Q1-99 = 100. Rising index denotes euro appreciation. ** End period

    ECONOMICS | RESEARCH

    CURRENT ECONOMIC INDICATORS EURO ZONE


    March 20, 2013

    Quarterly economic indicators


    Q3-11 Euro area Germany France Italy Spain Euro area Real labour productivity per hour worked Real unit labour costs Negotiated wages 0.1 0.4 0.2 -0.1 0.0 0.1 1.1 -0.1 2.1 Q4-11 -0.3 -0.1 0.1 -0.8 -0.5 Current account (% GDP) 0.6 0.8 0.2 2.0 ECB surveys Bank Lending Survey: change in credit standards (net balance) Businesses Households (for house purchases) Real GDP HICP 2 9 1.9 2.0 16 18 1.8 2.0 35 29 1.8 2.0 9 17 1.8 2.0 10 13 1.8 2.0 15 12 1.8 2.0 1.0 0.9 0.2 2.0 1.2 1.0 0.2 2.2 1.4 0.5 0.4 2.2 1.9 0.6 0.2 2.2 Euro area productivity, costs and wages (% y/y) Q1-12 -0.1 0.5 -0.1 -0.9 -0.4 Q2-12 -0.2 0.3 -0.1 -0.7 -0.4 Q3-12 -0.1 0.2 0.1 -0.2 -0.3 Q4-12 -0.6 -0.6 -0.3 -0.9 -0.8 Real GDP, % q/q (non-annualised)

    Survey of Professional Forecasters (mean 5-year ahead forecasts, % y/y)

    The material contained in this report is the property of Royal Bank of Canada and may not be reproduced in any way, in whole or in part, without express authorization of the copyright holder in writing. The statements and statistics contained herein have been prepared by RBC Economics Research based on information from sources considered to be reliable. We make no representation or warranty, express or implied, as to its accuracy or completeness. This publication is for the information of investors and business persons and does not constitute an offer to sell or a solicitation to buy securities.

    ECONOMICS | RESEARCH

    Registered trademark of Royal Bank of Canada. Royal Bank of Canada.

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