Global Economics Chart Pack Resilience of consumer spending is unlikely to last Consumer spending continues to be a relative bright spot in the global economy. Spending growth picked up to a healthy 2.9% quarterly annualised in the advanced economies in Q2 (see Chart 1)... 12th September 2019 · 12 mins read
Global Economics Chart Pack Sentiment sours on escalation of trade war Sentiment regarding the near-term prospects for the global economy has soured over the past week or two, triggered in part by the escalation of the US-China trade war. Indeed, there are increasing... 8th August 2019 · 12 mins read
Global Economics Chart Pack Labour markets succumbing to the gloom The past month has brought evidence of a continued slowdown in global growth and this weakness now seems to be spreading to labour markets. While advanced economy employment growth held up very well... 5th July 2019 · 12 mins read
Global Economics Chart Pack Further signs of weakness The escalation of trade tensions is having much bigger effects on financial markets and oil prices than on real economic performance at the global level. That said, there is clear evidence that global... 6th June 2019 · 1 min read
Global Economics Chart Pack Upturn in global growth unlikely to last “Hard” activity data from earlier in the year and a range of business surveys had pointed to a further slowdown in the world economy in the first quarter, but global GDP growth looks to have surprised... 3rd May 2019 · 1 min read
Global Economics Chart Pack Divergent surveys offer limited hope World GDP growth seems to have slowed sharply in Q1, but the latest business surveys suggest that growth has bottomed out in some parts of the world at least. March’s unchanged global manufacturing... 3rd April 2019 · 1 min read
Global Economics Chart Pack Early hard data bode ill for Q1 World GDP growth was little changed at 3.1% annualised in Q4 as the euro-zone posted another modest expansion, US growth slowed from a strong pace and a pick-up in Japanese GDP offset part of Q3’s... 6th March 2019 · 1 min read
Global Economics Chart Pack Weakness focused in the euro-zone and Asia World GDP growth held up well in Q4, but there is clear evidence in surveys and other timely indicators that the global economy took a turn for the worse at the start of 2019. The weakness has been... 6th February 2019 · 1 min read
Global Economics Chart Pack The cycle is turning Many of the indicators that tend to turn first around peaks in the business cycle are now flashing red in several major economies. Admittedly, some survey measures of confidence and real activity... 4th January 2019 · 1 min read
Global Economics Chart Pack Entering 2019 on a weaker footing The latest surveys and hard data suggest that the world economy has not regained any momentum in Q4. While the recent slump in oil prices should support global growth, we think that activity will... 6th December 2018 · 1 min read
Global Economics Chart Pack Slowdown ahead Global economic growth has held up quite well in recent months despite the sell-off in equity markets, but we expect it to slow over the next two years. The US economy is likely to cool as monetary... 6th November 2018 · 1 min read
Global Economics Chart Pack Third-quarter slowdown a sign of things to come The world economy seems to have lost some momentum in the past few months and we expect it to slow further in the coming year. World trade growth has fallen sharply, though this is due to weakening... 4th October 2018 · 1 min read
Global Economics Chart Pack Economy holding up despite EM problems Despite the steady flow of negative news about protectionism and crises in emerging economies, global growth is holding up well in Q3. Moreover, the labour market has continued to strengthen... 7th September 2018 · 1 min read
Global Economics Chart Pack Strong growth unlikely to last The world economy has rebounded after a sluggish first quarter, with global growth rising to around 4% annualised in Q2. But we doubt that this will last long because it has largely resulted from a... 3rd August 2018 · 1 min read
Global Economics Chart Pack Global growth rebounds despite “trade war” fears With the US and China poised to impose tariffs on each other in the coming days trade tensions look set to ratchet up further. But the world economy is still doing well. We estimate that global... 5th July 2018 · 1 min read
Global Economics Chart Pack World economy resilient to renewed trade tensions The risk of a global trade war has risen in the past few weeks. President Trump has gone ahead with plans to levy tariffs on steel and aluminium imports, which is likely to provoke retaliation. In... 5th June 2018 · 1 min read
