Thursday, June 21, 2012

World Growth ...

... sluggish.  We only have data for the US and China for May IP, with my estimates for the other countries.  But this is what the 3 month rate of change for world IP (industrial production) looks like:  May slowing somewhat.  Still likely to be revised later, when actual data become available -- and prolly revised down.


The chart shows the percentage change of my indices of industrial production over the same index 3 months ago, not annualised.

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