The recent recovery in GDP in the major economies has typically been flattered by the boost from the inventory cycle and, in some cases, a rebound in net exports. Stripping out these factors, “final sales to domestic purchasers” are picking up in Canada, Japan and France, but have slowed in the US and UK and are falling at an alarming rate in Germany.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.