World Economics - Insight , Analysis and Data

World Economics - Insight , Analysis and Data

Eurozone Growth Tracker

James Waterson - May 2013

The Eurozone Monitor is a bi- monthly publication designed to provide a graphical snapshot of the latest Official and private European data.

Speed Read
  • Latest data shows the Eurozone is still in recession, contracting further by -1.0% in Q1 2013 compared to the same period a year ago.
  • Leading indicators suggest the outlook may be improving.
  • Consumer confidence remains at rock bottom levels, except in Germany.
  • New car registrations continue to fall and retail sales remain weak.


GDP Growth
Annual Real GDP 1960 – 2012: 50 Years of Declining Growth


Quarterly Real GDP Growth Statistics


Leading Indicators
OECD Composite Leading Indicator
The OECD composite leading indicator® (CLI) is designed “to provide early signals of turning points between expansions and slowdowns of economic activity”. Its components include Production Orders, Finished Goods Stock, Order Books, Order Inflows, Industrial Confidence Indicator, Share Prices, Consumer Confidence Indicator, Short & Long Term Interest Rate and Share Price Spread.

The Conference Board Leading Economic Index
The eight components of The Conference Board Leading Economic Index® for the Euro Area include: Economic Sentiment Index, Index of Residential Building Permits Granted, Index of Capital Goods New Orders, EURO STOXX® Index, Money Supply (M2), Interest Rate Spread, Eurozone Manufacturing Purchasing Managers’ Index, and Eurozone Service Sector Future Business Activity Expectations Index.



Consumer Indexes
IPSOS Consumer Confidence
The IPSOS Global @dvisor: ‘On the Economic Pulse of the World’ uses a monthly sample of over 18,000 adults worldwide (with a minimum of 1000 in each country) and a demographic weighting system to produce an accurate perception of consumers’ perspectives.


Eurostat Consumer Confidence Indicator

The consumer component of the Economic Sentiment Indicator measures the level of optimism that consumers have about the performance of the economy.



Consumer Demand
Real Retail Sales
Turnover for retail trade in the Eurozone is compiled as an index with a current base year of 2005.


New Car Registrations



Business Indexes

Eurostat Economic Sentiment Indicator
The Economic Sentiment Indicator is made up of the 15 individual components of the Eurostat confidence indicators. The largest components are Industry, Services, Consumers, Construction and Retail trade.


Business Climate Indicator (BCI)
The BCI is calculated in order to receive a timely composite indicator for the manufacturing sector in the euro area. The indicator uses, as input series, five balances of opinion from the industry survey: production trends in recent months, order books, export order books, stocks and production expectations.


Employment Indexes
The unemployment rate is represented as the number of unemployed persons in thousands.


Industrial Production Index





World Economics India Growth Monitor: Note to Users
 
Use of these data should be made in the recognition that World Economics shall not have any liability for these data or bear any responsibility for any actions taken based on these data, and in no event shall be liable for damages of any sort arising from use of these data.
 
World Economics will update the monitor on a regular basis as further data becomes available.



Sources

Long term GDP, Penn Data Tables

http://pwt.econ.upenn.edu/php_site/pwt70/pwt70_form.php

 

OECD Composite Leading Index (CLI),

http://stats.oecd.org/Index.aspx?DatasetCode=MEI_CLI

 

Conference Board LEI

http://www.conference-board.org/

 

Monthly Car Sales, European Society of Automobile Manufacturers

http://www.acea.be/

 

World Bank

http://data.worldbank.org/

 

Eurostat

http://epp.eurostat.ec.europa.eu/portal/page/portal/eurostat/home/

 

World Economics

http://www.worldeconomics.com

 

Hypostat

http://www.hypo.org/Content/Default.asp?pageId=524

 

IPSOS

http://www.ipsosglobaladvisor.com/




 
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