The economy weakened further at the start of the second quarter, although signs abound that a pick-up is just around the corner. Businesses are restoring production more quickly than was expected even if not soon enough to show in April’s official data. A V-shaped recovery is therefore looking likely from the latter part of Q2. Nonetheless, consumer confidence remains low and much still depends on global demand.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services