Momentum in the global economy appeared to lift during the second half of 2016. Although global growth remains below its long-run average pace, recent monthly manufacturing survey (PMI) data suggests that improved conditions in China’s economy helped foster a sequential pickup in growth at the global level. The world’s major advanced economies remain on the recovery path, paved by accommodative monetary policy settings. The current picture suggests the world economy is set to begin in 2017, on relatively firm footing.
- Historical data back to 1995 for the following main categories: population, economic activity, sectoral breakdown of GDP, prices and exchange rates, construction, transport, consumer durables, industrial and consumer confidence and electricity production;
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- Historical data is updated regularly to capture the latest quarterly releases from the world’s statistical offices.
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