Report
Peter Warburton ...
  • Tom Traill
EUR 878.10 For Business Accounts Only

GDP heatmaps July 2019

Nominal GDP decelerated in Q1, but not as violently as many had supposed. Profits bore the brunt of the slowdown, while employment income growth held firm. The deflation of traded goods prices took its heaviest toll in China. Remarkably, the annual pace of real growth gave no ground in Q1, bolstered by improvements in US, Japan and UK.       

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Economic Perspectives
Economic Perspectives

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Analysts
Peter Warburton

Tom Traill

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