Among the better-than-expected data published this week, industrial output growth stood out as especially strong after it jumped by the most since March 2009. But there are reasons to think that underlying momentum has not improved as dramatically as the headline figure suggests.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services