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EMU Comment — PMI unexpectedly continues to rise

  1. PMI suggests GDP growth will pick up further
  2. Core countries probably led the increase
  3. Supports a more hawkish ECB

Rasmus Gudum-Sessingø, Economist | ragu02@handelsbanken.dk

Morgenrapport Norge —

Marius Gonsholt Hov, Economist | maho60@handelsbanken.no

Morgenmelding Danmark —

Jes Asmussen, Chief Economist Denmark | jeas01@handelsbanken.dk

UK Comment — UK retail sales rise in February, but momentum is weak

  1. Retail sales up 1.4% in February (consensus: +0.4%) after -0.5% in January and -2.1% in December
  2. Sentiment indicates limited upside to growth rates

Kari Due-Andresen, Chief Economist Norway | kadu01@handelsbanken.no

Morgenrapport Norge —

Marius Gonsholt Hov, Economist | maho60@handelsbanken.no

Morgenmelding Danmark —

Rasmus Gudum-Sessingø, Economist | ragu02@handelsbanken.dk