Alternative Data Show Japan Leads Recovery, U.K. Lags – About Your Online Magazine

Alternative data shows lead recovery from Japan and UK delays

Björn van Roye (economist) and Tom Orlik (economist)

(Bloomberg) – After falling in January amid high infection rates and stricter containment measures, economic activity in major economies accelerated in February, according to Bloomberg Economics gauges that include data such as mobility, energy consumption and use of public transport. Still, it remains just below the levels of late 2020 in several countries. Overall, Japan continues to lead, with the UK still showing the slowest recovery.

graph, histogram: Slow recovery

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Slow Recovery

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Paula Fonseca