The Economic Research Portal
Subscribe
FRENCH
FR
ENGLISH
EN
Regions
Asia
+
Australia
Bangladesh
Myanmar (Burma)
Cambodia
China
South Korea
Hong Kong
India
Indonesia
Japan
Laos
Macau
Malaysia
Maldives
Mongolia
Pakistan
Papua New Guinea
Philippines
Singapore
Sri Lanka
Taiwan
Thailand
Vanuatu
Vietnam
European Union
+
Germany
Austria
Belgium
Bulgaria
Cyprus
Croatia
Denmark
Spain
Estonia
Finland
France
Greece
Hungary
Ireland
Italy
Latvia
Lithuania
Netherlands
Poland
Portugal
Czech Republic
Romania
Slovakia
Slovenia
Sweden
European union
Eurozone
North America
+
United States
Central Asia
+
Armenia
Azerbaijan
Belarus
Georgia
Kazakhstan
Kyrgyzstan
Uzbekistan
Sub-Sahara Africa
+
South Africa
Angola
Benin
Botswana
Burkina Faso
Cameroon
Ivory coast
Ethiopia
Gabon
Ghana
Guinea
Kenya
Mali
Mauritius
Mozambique
Namibia
Nigeria
Uganda
Senegal
Seychelles
Sierra Leone
Tanzania
Zambia
Latin America
+
Argentina
The Bahamas
Barbados
Belize
Bolivia
Brazil
Chile
Colombia
Costa Rica
Cuba
Ecuador
Caiman Islands
Jamaica
Mexico
Nicaragua
Panama
Paraguay
Peru
Dominican Republic
El Salvador
Suriname
Trinidad and Tobago
Uruguay
Venezuela
Non-EU Europe
+
Andorra
Bosnia and Herzegovina
Iceland
Kosovo
North Macedonia
Montenegro
Norway
United Kingdom
Russia
Serbia
Switzerland
Turkey
Ukraine
Middle East and North Africa
+
Algeria
Saudi Arabia
Bahrain
Egypt
United Arab Emirates
Iraq
Israel
Kuwait
Lebanon
Morocco
Oman
Gulf countries
Qatar
Syria
Tunisia
Global
+
Global
Emerging countries
+
Emerging Countries
Thematics
Central bank
Climate change
Cryptoassets
Sustainable finance
Fiscal policy
Emerging Economies
Developed economies
Financial markets and investments
Financial regulations
Monetary policy
International Trade
Mobility
Banking economics
Employment and labour market
Economic growth
Inflation
Real estate
Consumption and purchasing power
PUBLICATIONS
Charts of the Week
Eco Brief
Eco Charts
Eco Conjoncture
Eco Emerging
Eco Flash
Eco Perspectives
Eco Pulse
Eco Week
French Economy Pocket Atlas
Special Edition
Media Library
EcoTV Week
Podcast - Macro Waves
Subscription
Who are we?
Weakened by the pandemic, but solid enough to handle new shocks
19/06/2022
PDF
Eco Flash
All Eco Flash
Home >
Eco Flash >
Weakened by the pandemic, but solid enough to handle new shocks
Weakened by the pandemic, but solid enough to handle new shocks
19/06/2022
PDF
Last edition
Next edition
THE EXPERT ECONOMISTS WHO PARTICIPATED IN THIS ARTICLE
Johanna
MELKA
Team : Country risk
01 58 16 05 84
johanna.melka@bnpparibas.com
On the Same Theme
Tuesday, March 28, 2023
Eco Brief
France: one swallow does not a summer make
Eco Brief
Germany: a technical rebound, not yet the sign of a structural recovery
Friday, March 24, 2023
Eco Pulse
Eurozone: Waiting for a more significant disinflation
Eco Pulse
Japan: A rocky start to the year
Eco Pulse
United Kingdom: The recession is still ahead
Eco Pulse
United States: not really worse, nor really better
Eco Pulse
Spain: Signs of resilience
Eco Pulse
Italy: Investment strengthens despite the energy shock
Eco Pulse
France: a “bubble” of optimism set to evaporate
Eco Pulse
Germany: back to positive growth in the 1st quarter?
Eco Pulse
OECD pulse
Thursday, March 23, 2023
EcoTV Week
Towards a disinflationary reduction in the supply-demand imbalance
Wednesday, March 15, 2023
Charts of the Week
Germany vs. France: German consumers have confidence in the recovery; the French, not yet
Monday, March 6, 2023
Eco Week
Economic uncertainty is declining
Friday, February 24, 2023
Special Edition
Nowcast methodology
Eco Pulse
Spain: Consumer support fading away
Thursday, February 23, 2023
Eco Brief
France: Le climat des affaires s’améliore encore en février 2023, mais l’inflation reste présente
Eco Brief
France: The business climate continues to improve in February 2023, but inflation persists
Wednesday, February 22, 2023
Charts of the Week
European Union: sectoral variations in business bankruptcies
Monday, February 20, 2023
Eco Week
Economic calendars
Eco Week
US: "It ain't over till it's over"
Thursday, February 16, 2023
EcoTV Week
Political turmoil in Peru
Wednesday, February 15, 2023
Charts of the Week
Disinflation: it is a matter of scale
Monday, February 13, 2023
Eco Week
PMI: New, mixed signals of improvement in January
Thursday, February 2, 2023
Eco Brief
French trade balance in 2022: deterioration continues, including in volume
EcoTV Week
What can Asian economies expect from a rebound in Chinese growth?
Wednesday, February 1, 2023
Charts of the Week
Behind the watts, a big contrast
Monday, January 30, 2023
Eco Brief
French growth in Q4: investment a driver, consumption a constraint
Eco Week
United States: GDP growth, good on the surface but with negative undercurrents
Friday, January 27, 2023
EcoTV Week
France: A “phony” recession
Thursday, January 26, 2023
EcoTV Week
Forecast 2023
Thursday, January 19, 2023
EcoTV Week
Wage-price loop in the Eurozone: Where do we stand?
Wednesday, January 18, 2023
Charts of the Week
Business insolvencies remain below pre-Covid levels
Sunday, January 15, 2023
Eco Week
Economic calendars
Monday, January 9, 2023
Eco Week
PMI: December data improve in the euro area
Thursday, January 5, 2023
EcoTV Week
Economic outlook 2023: three “certainties”, many uncertainties
Sunday, December 18, 2022
Eco Week
United Kingdom: Peak inflation?
Eco Week
Japan: consumer confidence plunges, the Tankan edges higher
Eco Week
Spain: a widespread easing of inflation in sight?
Thursday, December 15, 2022
Eco Perspectives
Denmark: the end of an impressive run?
Eco Perspectives
United Kingdom: recession
Eco Perspectives
Greece: continuing positive momentum
Eco Perspectives
Austria: a slump on the horizon?
Eco Perspectives
Belgium: cloudy sky
Eco Perspectives
Spain: managing new risks
Eco Perspectives
Italy: a more uncertain scenario
Eco Perspectives
France: year zero
Eco Perspectives
Germany: how intense will the recession be?
Eco Perspectives
Eurozone: will there be a growth outage this winter?
Eco Perspectives
Japan: on the hunt for growth
Eco Perspectives
Three "certainties", many uncertainties
EcoTV Week
US disinflation: surely, but slowly
Wednesday, December 14, 2022
Charts of the Week
France: Bottlenecks at a historically high level in construction
Monday, December 12, 2022
Eco Week
Italy: No respite for inflation
Eco Week
France: Decline in activity indicators in October
Eco Week
Germany: difficult times ahead
Thursday, December 8, 2022
Charts of the Week
Turkey: consumption on credit
Monday, December 5, 2022
Eco Week
Eurozone: November’s pleasant surprises
Eco Week
United States: Will US GDP grow in Q4?
Eco Week
PMI: upstream tensions in the production chain are easing
Sunday, November 27, 2022
Eco Week
Uncertainty: the increase of corporate uncertainty continues
Eco Week
The sobering record of real GDP forecasts during recessions
Sunday, November 20, 2022
Eco Week
United Kingdom: Entering recession
Eco Week
Italy: inflation accelerates further
Eco Week
China: Further downturn in economic activity
Sunday, November 13, 2022
Eco Week
Encouraging news on the inflation front
Eco Week
A positive surprise in 3rd quarter growth, which makes a downturn in Q4 more likely
Eco Week
Last stand in the 3rd quarter
Eco Week
Another negative surprise on inflation and a pleasant one on growth
Sunday, November 6, 2022
Eco Week
PMI: The strong downtrend in orders continues
Sunday, October 30, 2022
Eco Week
An uneven recovery in Q3 2022
Eco Week
Corporate uncertainty on the rise
Sunday, October 23, 2022
Eco Week
Resignations and inflation
Tuesday, October 18, 2022
Eco Flash
Revising the PMI to better understand shocks affecting industry
Sunday, October 16, 2022
Eco Week
Food products are now the main source of inflation
Eco Week
Growth at risk
Tuesday, October 11, 2022
Charts of the Week
Eurozone: the contribution of supply-side issues to food price inflation
Monday, October 10, 2022
Eco Week
A growing risk of recession
Eco Week
Industry is holding up
Eco Week
PMI: a most unwelcome mix with drop in new orders, increase in input and output prices
Sunday, October 9, 2022
Eco Emerging
A less favourable outlook
Sunday, October 2, 2022
Eco Week
Gloomy September, double-digit inflation, marked deterioration in confidence surveys
Eco Week
Resisting without convincing
Sunday, September 18, 2022
Eco Week
Inflation persists
Eco Week
China: A brief respite in August
Eco Week
Put to the test
Thursday, September 15, 2022
EcoTV Week
Latin America: the mechanisms of inflation
Sunday, September 11, 2022
Eco Week
Downside risks to growth outlook in the second half of the year
Eco Week
PMI: the decline of new orders continues
Monday, September 5, 2022
Eco Week
Uncertainty: most indicators are edging down
Eco Week
Is the Inflation Reduction Act living up to its name?
Eco Week
Towards a frugal winter
Tuesday, July 19, 2022
Eco Conjoncture
A window of opportunity not to be missed
Sunday, July 17, 2022
Eco Week
An unexpected return to growth
Eco Week
Soft patch
Monday, July 11, 2022
Eco Week
Towards another dip?
Eco Week
The end of the neo-mercantilist model?
Eco Week
A run of bad news from confidence surveys
Eco Week
PMI: slowing growth, easing inflation tensions
Eco Week
An uneasy feeling (part 2)
Friday, July 8, 2022
Eco Emerging
Mixed prospects
Eco Emerging
Persistent vulnerabilities
Eco Emerging
Fiscal reform is ongoing
Eco Emerging
From one political crisis to another
Eco Emerging
A difficult calibration of the policy mix
Eco Emerging
Weak consumption
Eco Emerging
Gearing towards budget consolidation
Eco Emerging
On the razor’s edge
Eco Emerging
Robust
Eco Emerging
Positive overall
Eco Emerging
Change of policy mix
Eco Emerging
A difficult spring time
Monday, July 4, 2022
Eco Week
Economic uncertainty stabilises
Eco Week
Better signs for the summer
Eco Week
An economy weakened by the spread of inflation
Eco Week
Off-colour
Eco Week
US: an uneasy feeling
Wednesday, June 29, 2022
Charts of the Week
What does the composite leading indicator tell us about the risk of recession?
Eco Perspectives
Industrial sovereignty: from dream to reality
Eco Perspectives
Heading toward recession?
Eco Perspectives
Prospects are still encouraging
Eco Perspectives
Wait for the rebound
Eco Perspectives
Inflation, but not just consumer price inflation
Eco Perspectives
Significant resilience to shocks
Eco Perspectives
A better recovery in a more complex world
Eco Perspectives
The shock to purchasing power is smoothed but not fully eliminated
Eco Perspectives
After imported inflation, domestic inflation?
Eco Perspectives
More inflation than growth
Eco Perspectives
Weakening economic growth outlook
Sunday, June 19, 2022
Eco Conjoncture
Weakened by the pandemic, but solid enough to handle new shocks
Eco Flash
Weakened by the pandemic, but solid enough to handle new shocks
Eco Week
Still high downside risks to short-term economic growth
Sunday, June 12, 2022
Eco Week
Conditions worsen significantly
Eco Week
Economic data is more mixed than bad
Eco Week
The impact of the war in Ukraine has been more pronounced than expected
Eco Week
The worrisome cost of worrying about recession
Saturday, June 11, 2022
Podcast - Macro Waves
Stagflation: is it really back?
Podcast - Macro Waves
Stagflation: reminiscences of the past
Wednesday, June 8, 2022
Eco Flash
Foreign subsidiaries, a key driver of the Japanese industry
Tuesday, June 7, 2022
Charts of the Week
France: housing development and food head the list of retail price rises
Monday, June 6, 2022
Eco Week
PMI: resilience of employment data but new export orders continue to deteriorate
Eco Week
The recession narrative
Sunday, May 29, 2022
Eco Week
Economic uncertainty edging higher
Eco Week
Inflation: shifting focus, shifting concerns
Sunday, May 22, 2022
Eco Week
Italy: industry is losing steam
Eco Week
Economic contraction
Eco Week
The reaction of uncertainty to Covid-19 and the war in Ukraine
Tuesday, May 17, 2022
Charts of the Week
On the need to restate Manufacturing PMI in order to understand the shock to German industry
Sunday, May 15, 2022
Eco Week
Weak growth and recession risk
Eco Week
Overall inflation slows but increase of food prices accelerates
Eco Week
Further contraction in consumer spending likely in the second quarter
Eco Week
Industrial production declining, trade surplus historically low
Monday, May 9, 2022
Eco Week
Eurozone: how worried should we be about recession?
Eco Week
Stronger than the contraction of GDP suggests
Eco Week
PMI: Price pressures intensify further in manufacturing
Sunday, May 1, 2022
Eco Week
Uncertainty: dominated by geopolitics
Tuesday, April 26, 2022
Charts of the Week
Higher inflation causes decline in real wages
Sunday, April 24, 2022
Eco Week
In lockdown
Eco Week
Inflation persistence and why it matters
Thursday, April 21, 2022
Eco Emerging
Malaysia: Economic recovery barely destabilised
Eco Emerging
Egypt: A short-term relief for external liquidity
Eco Emerging
Serbia: Temporary headwinds
Eco Emerging
Romania: Policy mix difficult to calibrate
Eco Emerging
Poland: The strong man of Central Europe
Eco Emerging
Brazil: Dissonance
Eco Emerging
Hong Kong: Shock follows shock
Monday, April 18, 2022
Eco Week
Inflation weighing on household consumption
Eco Week
The surge in inflation will continue
Eco Week
The Bank of England faces rising inflation
Eco Week
Should we worry about the flattening of the yield curve? Not yet
Thursday, April 14, 2022
Eco Perspectives
On the front line
Eco Perspectives
Green protection
Eco Perspectives
Brace for impact
Eco Perspectives
Slower growth in a more uncertain environment
Eco Perspectives
Feeble growth but no recession
Eco Perspectives
Recession lurking behind growth?
Eco Perspectives
New disruptions
Eco Perspectives
Multiple shocks test resilience
Sunday, April 10, 2022
Eco Week
Household confidence plunges, but employment holds up
Eco Week
Another inflation shock and supply disruption on the rise again
Eco Week
What drives companies’ elevated selling price expectations?
Sunday, April 3, 2022
Eco Week
Is the worst still to come?
Eco Week
The low tides of March
Eco Week
Household spending under pressure from inflation
Sunday, March 27, 2022
Eco Week
Dark clouds gather
Eco Week
War in Ukraine causes jump in uncertainty
Eco Week
Cyclical outlook dominated by a shock to expectations
Sunday, March 20, 2022
Eco Week
Business surveys set to deteriorate significantly
Eco Week
A strong start to the year
Sunday, March 13, 2022
Eco Week
Sharp slowdown ahead
Tuesday, March 1, 2022
Charts of the Week
Indonesia: mixed consolidation of external accounts
