The world economy’s resilience over the last few months has surprised many forecasters but the incoming data from Europe coupled with a further climb in the price of oil suggest that downside risks are accumulating. In our latest charts of the week publication we dig into this with some perspectives on:
·       Recent global business surveys
·       Credit impulses in the US and euro area
·       Oil prices and inflation surprises
·       Manufacturing capacity pressures and inflation
·       Risk assets and data surprises
·       Productivity and demographics
 

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