Global | High frequency data confirm plunge in activity

Ipad Frame (7)

 

What you'll learn

  • High frequency indicators for the UK suggest activity collapsed in mid-March
    and has shown no signs of recovery since.
  • Our forecast assumes a double-digit
    decline in GDP in H1 2020 even if coronavirus restrictions are gradually eased from mid-May.
  • Nothing in the high frequency data refutes this.

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