October Advanced GLI

“October Advanced GLI – in line with September Final reading, which located cycle back in ‘Slowdown’ phase, characterised by positive but decreasing Momentum. (i) Momentum slowed, falling to 0.33%mom from 0.37%mom last month. (ii) We do not view a stabilisation at current growth levels as negative but we will look to the October Final reading for signs of whether the deceleration is likely to extend much further.” (Goldman Sachs)

GLI

GLI (1)

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