The Nordic recovery is on track despite some surprises in the Q2 GDP components and rising downside risks. Real goods exports underperformed given...

Our Recovery Tracker suffered a setback at September’s end, falling 1.1pts to87.6 after reaching a new pandemic high two weeks earlier. Lower...

Consumer spending took over as the driver of recovery in Q2. We expect similar gains in Q3, leaving spending 3% below pre-pandemic levels....

Government support schemes have been hugely successful in mitigating the financial consequences of the pandemic to consumers. But at the same time...

Inflation in the UK is set to peak higher for longer than we previously expected. But structural factors plus the likelihood that supply problems...

Revisions in Q2’s national accounts showed the economy responding more strongly to exiting lockdown than initially thought. At the same time, the...

Our 2021 mainland GDP growth forecast remains unchanged at 4.1%. With all domestic restrictions eased and the pandemic largely under control, the...

Despite another shift in the Covid-19 situation across Europe, national governments have largely resisted imposing new lockdowns, and our...

High-frequency data on numbers of employees and median pay suggest that the Covid-19 pandemic has not made the ‘north-south divide’ wider. Our...

The surge in European gas and electricity prices over recent months pushed energy prices to an all-time high in August, amplifying a pickup in...