The Week In Hindsight, 10 January 2014

Europe began the year with a bang as a range of French and German economic data releases trumped forecasts, while growth for the euro zone overall was confirmed as in line with expectations.

Industrial production expanded rapidly, while Germany stole the show overall with stellar retail sales numbers and an up tick in CPI inflation.

The positive developments come at a time when the periphery of Europe continues to progress, while growth forecasts for the wider continent also continue to benefit from upward momentum.