Eurozone weekly economic briefing | Covid concerns dominate the outlook once again
The surge in Covid cases continues across Europe, prompting governments to announce new restrictive measures that will impact economic growth in the near term. While monthly activity indicators are still consistent with a robust expansion, we expect a substantial deterioration in December when surveys fully capture the impact from the latest wave.
What you will learn:
- The emergence of the new Omicron variant adds an additional layer of uncertainty.
- While it remains too soon to judge the health implications, let alone the economic effects, its rapid spread means that the path to normalcy will continue to be bumpy.
- Eurozone inflation hit an all-time high in November, surging to 4.9%. Although energy costs continue to dominate the rise in prices, the rise in core inflation was stronger than expected.
Tags:
Related Services

Post
Maintenance in Australia: 2023 Edition | Executive Summary
Australia’s maintenance market is estimated to have increased to $53.5bn in FY22, driven by road rehabilitation following flooding along the east coast of Australia. Road maintenance expenditure will continue to be supported over the near-term by Federal and State government programs. Mining maintenance spending will be buoyed by elevated commodity prices, and increased maintenance requirements on recently built LNG facilities.
Find Out More
Post
Australia: Roadblocks cleared for build-to-rent in Australia
The pipeline of build-to-rent (BTR) developments across Australia continues to swell, with our project tracking currently capturing a pipeline of circa 45,000 announced units. Around 5,900 units have broken ground in FY2023, with a further 15,000 geared to commence across FY2024 and FY2025.
Find Out More