Global GDP 2Q14 nowcast remains in May at 0.8% q/q.
Published on Wednesday, June 4, 2014
Global GDP 2Q14 nowcast remains in May at 0.8% q/q.
Summary
Our Global Activity Index (BBVA-GAIN) holds broadly steady in May due to the upturn of Global industrial production (as of March). Global PMI also ticked higher what may have offset the slight tightening of our global financial volatility index (GVI), the third component of our composite indicator.
Geographies
- Geography Tags
- Global
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Julián Cubero
BBVA Research - Lead Economist
Jaime Martínez-Martín