The strong gains in exports and imports in January suggest that easing supply shortages are offsetting the negative impact of higher interest rates on both external and domestic demand. That presents an upside risk to our view that GDP will remain stagnant this quarter.
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