Seasonals dropping out but underlying story still poor13th January, 2021 2:15 pm
As we move into 2021, we are getting a clearer picture into the extent of the slowdown in economic activity that the resurgent Coronavirus has triggered. Although the Google mobility indices were already indicating a sharp deterioration, the scale of the decline reported through to the turn of the year was exaggerated by holiday effects, as we noted last time. Data through to the 8th of January, which was released yesterday, gives us a clearer picture of how things stand. And while it is not quite as bleak as over the Christmas and New Year period, the data still paints a fairly poor picture of global economic health.
Subscribe now to see the full article
Independent Strategy research services are available by annual subscription.
For details of subscription rates and soft-dollar payments please contact:
John Armstrong or Guido Manca
Tel: +44 (0) 20 7730 4965
Fax: +44 (0) 20 7730 7963
To make a request for subscription please use the form below.