Global Economics Chart Pack Weak start to 2022 won’t deter monetary tightening While data from the past month have been consistent with global economic activity picking up some pace towards the tail end of 2021, timely data point to a weak turn of the year as the Omicron wave... 11th February 2022 · 14 mins read
Global Economics Chart Pack Inflation fears to keep central banks in tightening mode There were signs that supply shortages were starting to ease in some places at the tail end of 2021. World trade was its strongest since shortages began to bite a year ago and industrial production... 14th January 2022 · 13 mins read
Global Economics Chart Pack Shortages to maintain upward pressure on inflation Outside China, global inflation jumped from 5.0% to 5.5% in October, its highest level since 2008. And timely data point to a further rise in November. Base effects, fading ‘re-opening’ inflation, and... 14th December 2021 · 14 mins read
Global Economics Chart Pack More signs that the recovery is hitting the buffers Recent indicators confirm that the global recovery has continued, but also that it has entered a slower and more difficult phase. US GDP growth slowed sharply in Q3, and our China Activity Proxy... 11th November 2021 · 13 mins read
Global Economics Chart Pack Shortages limiting growth and boosting inflation With shortages of goods and labour still dominating the news, and following our Focus research into global shortages, we have added a new page to the Global Economics Chart Book to monitor their... 14th October 2021 · 13 mins read
Global Economics Chart Pack Global recovery slowing down a gear There have been growing signs of a slowdown in the pace of the global recovery in recent months. World industrial production fell in July and retail sales declined in almost all major economies, while... 20th September 2021 · 12 mins read
Global Economics Chart Pack Peak global growth narrative lacks nuance Slowdowns in China and the US should not be taken as evidence that the global recovery is stalling. Admittedly, it is not just some high-profile data from the US and China that have weakened recently... 12th August 2021 · 12 mins read
Global Economics Chart Pack Broad recovery continues, but Delta poses some risks Global economic activity looks to have perked up recently, despite a slowdown in China and a slightly weaker re-opening bounce in the US than most had anticipated. The hard economic data have revealed... 15th July 2021 · 12 mins read
Global Economics Chart Pack Recoveries regaining pace after slow start to the year Global GDP growth slowed sharply in Q1 as most parts of the world grappled with renewed waves of coronavirus. The US and Korea were among the few exceptions where recoveries accelerated. But with... 11th June 2021 · 12 mins read
Global Economics Chart Pack Near-term inflation pressures mount Near-term inflationary pressures appear to be building. Some of this reflects factors that are likely to be only temporary, such as the “reopening inflation” associated with the easing of virus... 17th May 2021 · 15 mins read
Global Economics Chart Pack Virus & vaccine setbacks push back timing of recovery The world economy lost considerable momentum in the first quarter as resurgences of the virus and tighter lockdown measures weighed on activity. The lesson from Q4 last year was that households and... 16th April 2021 · 15 mins read
Global Economics Chart Pack Divergence among advanced economies in Q1 Both the hard data and more timely surveys imply that the major advanced economies have had a mixed start to the year. The US has fared particularly well, thanks to easing pandemic-related... 11th March 2021 · 15 mins read
Global Economics Chart Pack Early signs of a difficult start to 2021 Global growth slowed throughout the fourth quarter and most economies entered the new year on a weak footing. We have limited hard data for 2021 so far, but timely surveys and our high-frequency... 10th February 2021 · 15 mins read
Global Economics Chart Pack Vaccines won’t prevent a weak start to the year While the economic fallout will not be as severe as it was with the first lockdowns, the surge in virus cases will weigh on activity in Q1. Vaccine rollouts should provide a boost to the global... 12th January 2021 · 14 mins read
Global Economics Chart Pack Divergences by economy and by sector, for now Recent data confirm that global economic activity has continued to recover from the height of coronavirus restrictions in Q2. But while activity in China is now above its pre-virus level, there is... 10th December 2020 · 14 mins read
Global Economics Chart Pack Worse to come in Q4 despite vaccine hopes Hard GDP data have confirmed that most economies saw sharp rebounds in activity in Q3 after the lockdowns of Q2. But monthly data suggest that the pace of improvement slowed during the quarter and the... 11th November 2020 · 14 mins read