A decent rise in GDP in Q2 confirmed hopes that the relaxation of Covid
restrictions would trigger a strong response from the economy. And the quarter ended on a better-than-expected note for activity.
Timelier, high-frequency, indicators had raised concerns that rising infections
and the “pingdemic” would put the brakes on the recovery. But the latest
evidence went some way to relieving those worries.
What you will learn from this report: