Eurozone focus to remain on inflation next week - ING

The Eurozone focus will be on inflation next week as after an unexpected drop in core inflation in October, the question is how much of a bounce back can be expected, according to analysts at ING.

Key Quotes

“Also important will be unemployment; surveys have been indicating stronger hiring over the past months, is the labour market recovery indeed accelerating?”

“In Sweden, Q3 GDP will be out on Thursday. We expect another strong performance as near-term Swedish growth momentum remains strong and recent weakness in the housing market is unlikely to have affected Q3 data.”

“The Ifo index has come in too early to give a first grasp of how German businesses look at the collapse of the coalition talks. The December number will give better insights. For the rest, it will be politics not economics dominating German headlines next week.”