The latest round of OECD data has sprung up and there’s been some slippage in the majors

The main numbers;

  • Euro area 100.8 vs 100.9 prior
  • Germany 99.9 vs 100.1 prior (moves below trend average)
  • UK 100.8 vs 101.0 prior
  • Japan 99.9 vs 100.1 prior
  • US 100.6 unch
  • China 99.1 vs 99.0 prior

For all the palava with sanctions and whatnot Russia is up to 100.3 vs 100.2 prior. No surprise to see Europe drop.

You can find the full report here