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Last week’s healthy set of US economic data provided further evidence, were it needed, that the Q1 ‘blip’ was nothing more than that.

Read the full article here: Reuters Alpha Now

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  • Our CMI stood at just 2.8% in April, pointing to a further setback for China’s economy.
  • This implies a much faster pace of deceleration than that reported by the official data.
  • Notably, until early last year, our measure of China’s economic growth rate tracked that reported by the official data. The two now diverge wildly.

Multimedia

US GDP – Dukascopy

UK Deflation – Sky News

UK Deflation – BBC News

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Will the UK move into outright deflation this month?

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Revisions leave UK growth stronger but current account deficit wider - Latest Fathom update. More: fathom-consulting.com

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