The return of the missing link in Spanish growth
Activity in Spain has been severely penalized by the pandemic. Tourists stayed home and the economy suffered. In April, the dynamics are changing giving Spain back the ability to recover…
Philippe Waechter's blog
Growth rebound in the Eurozone
Growth resumes in the Eurozone. For the EA, it is 0.4% and for Spain 0.7%. Even Italy is recovering and returning to positive territory. France disappoints. Despite strong measures taken…
US, UK, France and Spain – Heterogeneous growth during the first quarter
During the first quarter, growth was robust in the US and in Spain, slightly lower than expected in France and weaker than anticipated in the United Kingdom. The first graph…
A lower momentum for the Euro Area during the second quarter
GDP growth for the Euro Area was confirmed at 0.3% (flat) for the second quarter of this year (2.2% at annual rate). The table below shows growth figures for different…
Benchmarks after a vacation period
After a vacation period we all need to look at economic indicators to refresh our perception of the economic outlook. I propose a series of graphs with rapid comments. Point…
Growth momentum falters in the Euro Area during the second quarter
The GDP growth number for the Euro Area was halved in the second quarter when compared to the first. During the first three months of the year, GDP was up…
Strong start for the Euro Area in 2016
The first quarter of 2016 shows a strong acceleration in the economic activity of the Euro Area. Its growth was 2.2% at annual rate after 1.4% during the last three…
My Macroeconomic column in 13 points (November the 2nd)
13 points this week to follow the macroeconomic momentum. 1 – The Fed is back in the game after its last week meeting (27/28 October). It hasn’t changed the stance…