Research Briefing | Jan 7, 2022

Eurozone weekly economic briefing – A mixed start to the year

Ipad Frame - Eurozone-weekly-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.
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