Eurozone weekly economic briefing | A mixed start to the year

The news for Europe at the start of the year has been mixed. The spread of the Omicron variant has resulted in a predictable surge in infections, in many countries widely surpassing previous waves.

What you will learn:

  • There are encouraging signs that this new variant is having a much milder impact, partly because of the increased protection offered by vaccines.
  • This means lighter restrictions and a smaller economic impact than seen during the last winter wave.
  • December PMIs confirm the notion of a slowing eurozone economy at end-2021, with Germany being the country hit hardest.

Topics: Health, Europe, Eurozone, Inflation, Coronavirus, Coronavirus vaccine, PMI's, Covid19, Inflation risks, Covid restrictions, Covid crisis, Covid cases, Eurozone weekly economic briefing, Omicron

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