The recent news on activity is probably overstating the weakness of the economy as it is not adequately capturing the increases in government spending and public investment. Even so, it does appear as though the economy has lost more momentum than we expected.
We’re hosting 30-minute online briefings about “The World in 2025”, covering what to expect from the global economy and markets in the coming year, on Tuesday 10th December at 8am GMT and 3pm GMT. (Register here.)
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