In Europe

inflacion precios

Inflation expectations in Eurozone for next 12 months rise from 2.5% in February to 4% in March, according to ECB

Link Securities | As announced yesterday by ECB analysts, median inflation expectations in the Eurozone for the next 12 months rose in March to 4.0% from 2.5% in February, reaching their highest level since October 2023. Furthermore, March saw the largest monthly increase in this figure since early 2022, when the war in Ukraine began. In March, the conflict in the Middle East, which has led to the blockade of…


coches aparcamiento

Passenger car registrations in EU rise 12.5% year-on-year in March and 1.4% compared with February

Link Securities | The European Automobile Manufacturers’ Association (ACEA) reported that passenger car registrations in the European Union (EU) rose by 12.5% year-on-year in March and by 1.4% compared to February, reaching 1.2 million units, the highest monthly figure in over six years. In March, new and revised tax incentives and schemes in the major European countries were the main factor driving registrations in the region. During the month, sales…


coches venta

Car sales in Europe rise 12.5% year-on-year in March, bringing year-to-date increase to 4.0% and pushing total units sold to over 2.8 million

Bankinter | Car sales rose by 12.5% year-on-year in March. This brings the year-to-date growth to 4.0%, with units sold exceeding 2.8 million. During the month, pure electric vehicles led the growth (48.9%), followed by plug-in hybrids (28.2%) and non-plug-in hybrids (20.1%), whilst combustion engines declined (12.3% for diesel and 9.4% for petrol). Analysis team’s view: Sales of electrified vehicles are gaining momentum and expanding their market share thanks to…


Eurozona salarios

Eurozone consumer confidence fell to -20.6 points in March from previous -16.4

Link Securities | The Eurozone consumer confidence index fell in its preliminary April reading to -20.6 points from -16.4 points in its final March reading, according to the European Commission (EC). Analysts had expected a slightly better reading of -17.3 points. This decline was a result of consumers in the region’s concerns about the economic outlook, as the conflict in the Middle East is increasing energy price volatility and inflation…


Europa energía gasoducto

ZEW Economic Sentiment Survey disappoints and hits lowest level since 2022

Bankinter | The ZEW Economic Sentiment Survey surprises on the downside in April and stands at its lowest level since December 2022. The ZEW survey shows a sharper-than-expected decline and falls into negative territory for the second consecutive month. Bankinter analysis team’s view: The sharp fall reflects concerns about economic growth and the impact on energy prices arising from the US-Iran conflict. The figure is even weaker than that recorded…


wholeshale electricity market

European Commission puts brakes on tax on energy companies’ profits due to oil crisis

Banco Sabadell | In the new strategy of measures to tackle the energy crisis that the European Commission is set to present this week, Brussels is reluctant to push for a European tax on energy companies’ windfall profits despite rising oil prices. Although Spain and four other countries are calling for a coordinated levy, the EC is leaving the decision to individual Member States. The new European plan to tackle…


Eurozona PMIs

Eurozone industrial production exceeds expectation, up 0.4% in February

CdM | Industrial production in the Eurozone rose by 0.4% in February compared with January, more than expected, whilst it fell by 0.6% compared with the same month last year, less than expected, according to data from Eurostat, the statistical office of the European Union (EU). Across the EU, industrial production also grew by 0.4% compared with the previous month, whilst it fell by 0.1% compared with February 2025. Specifically,…


Alemania PIB

GfK consumer confidence index in Germany falls sharply in April to -28.0 points, compared to -24.8 in March

Singular Bank | In April, the GfK consumer confidence index in Germany fell significantly to -28.0 points (against -24.8 points in March), exceeding the decline projected by the consensus of analysts (-27.3). This development is explained by rising uncertainty and inflation expectations in the face of surging energy and other commodity prices linked to the conflict in the Middle East. The most notable change was the sharp rise in price…


Alemania PIB

German consumer confidence falls due to Middle East conflict and economy losing momentum

Bankinter | German consumer confidence fell to -28.0 points in April, compared with an expected -27.3 and a previous reading of -24.8 (revised from -24.7). Bankinter analysis team’s view: Concerns over the conflict in the Middle East (and its impact on prices), coupled with the loss of momentum in the German economy and weak GDP growth, are taking their toll on consumer confidence. Current levels represent the lowest confidence rating…


cars to export

Car sales in Europe up 1.4% in February, easing year-to-date decline

Bankinter | Car sales in Europe rose by 1.4% year-on-year in February. This moderates the year-to-date decline to 1.2%, with units sold exceeding 1.6 million. Plug-in hybrids led the growth (32.1%) for the month, followed by pure electric vehicles (20.6%) and non-plug-in hybrids (10.1%), whilst combustion engines declined (17.9% for petrol and 12.8% for diesel). Bankinter analysis team’s view: A slight recovery in February (1.4%) following the sharp decline (3.9%)…