Eurozone EU

Currency: EUR. Central bank: European Central Bank. EUR/USD: 1.1095.

Macro read

Consolidated decision read: what to monitor, why it matters, and where the data is still thin.

Regime scenario

Medium risk

Reflation

Growth at or above trend with inflation above target.

Growth Moderate 5.0 · Inflation Above target 4.4 · weakest: Fiscal 3.7, Labor 5.0

What to monitor: Keep in monitoring rotation and watch the next high-impact releases.

growth momentuminflation trendcentral bank stance

Where data is thin

IndicatorsEurozone Composite leading indicator

Macro regime

Six dimensions, scored from 0 to 10. Radar shows the overall shape; cards show trend and label per dimension.

Growth

5.0Stable

moderate

Inflation

4.4Worsening

above target

Labor

5.0Stable

balanced

Monetary

7.0Worsening

accommodative

External

6.1Stable

balanced

Fiscal

3.7Stable

neutral

Key indicators

Cross-country comparable indicators with 5-year micro history. Latest bar in gold; missing indicators render with a baseline.

Eurozone GDP growth YoY

1.30%

Eurozone HICP YoY

3.75%

Eurozone unemployment

6.50%

ECB deposit rate

2.50%

Eurozone 10y AAA government yield

3.34%

Eurozone Current account % GDP

1.90% of GDP

Eurozone general government debt % GDP (Maastricht, quarterly)

89.30% of GDP

Eurozone general government balance % GDP (4 quarters)

-3.23% of GDP

Upcoming Events

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