Macro Series

Key Developments & Chart of the week

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The virus still drives G7 GDP, while the US and China record no significant inflation.     Outcome Previous Comment China CPI (Jan; y-o-y) -0.3% 0.2% No signs of consumer price pressures China PPI (Jan; y-o-y) 0.3% -0.4% First positive reading since Feb 2020 US core CPI (Jan; y-o-y) 1.4% 1.6% No evidence for inflation concern UK GDP Q4 (QoQ; preliminary) 1.0% 16.1% Renewed lockdown hits recovery                 &nb
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