Sunday, May 16, 2021

A flash at the world economy

 PMI surveys, compiled by IHS Markit, show that world economic activity accelerated last April "...to reach an 11 year high...". 

The OECD monthly composite leading indicators "... point to a steady expansion in the OECD area and in most major economies..." in the coming months.

Uncertainties related to the evolution of the pandemy still taint any scenario about the short term economic outlook.