... 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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