Is Japan recovering from the VAT rate hike of April the 1st? Clearly it doesn’t
Is Japan recovering from the VAT rate hike of Avril the 1st? Not really when we look at July numbers on retail sales. (see here for a detailed analysis of…
Philippe Waechter's blog
Three Graphs on the German Labor Market
The number of unemployed has slightly increased in August (1 000). Compared to August 2013 this number has decreased by -45 000. Employment is on a positive trend. During the…
Three graphs on People Registered at Pole Emploi in France
On August 27, data were released on the French labor market for July. There are three points to mentioned 1 – Monthly net inflows to Pole Emploi (the French institution…
Three graphs on the French Economy after the INSEE survey
The French survey published this morning by INSEE shows a drop in economic activity in August. The index level is now 91 (with an historical average at 100 and a…
The French Cabinet Reshuffling
The French cabinet reshuffling has consisted of the exit of 3 important ministers: Arnaud Montebourg who was economy minister, Benoit Hamon minister of education and Aurélie Filippetti minister of cultural…
Four Graphs on the World Economic Momentum
Data on the world production index and on world trade (in volume) have just been released by the CPB Netherlands Bureau of Economic Policy Analysis. It’s an independent research institute…
Mario Draghi’s speech in Jackson Hole? A game changer
In his speech in Jackson Hole, Mario Draghi has launched new thinking for a new economic policy in the Euro Area. His starting point is the analysis of unemployment (major…
Surprising and Disturbing Discussion at the Bank of England
In the paragraph 39 of the minutes of the last monetary policy committee of the Bank of England there is a very surprising sentence. Everyone has been very attentive to…