Global GDP Tracker Signals Rebound, Now Comes Hard Part

(Bloomberg) -- Bloomberg Economics’ global GDP growth tracker returned to expansion in June, posting its highest reading since early 2019, indicating official figures may begin to strengthen heading into the second half. That doesn’t mean activity has returned to pre-pandemic levels, but it does mean the easing of lockdowns has enabled a rapid recovery of some lost ground. With the coronavirus far from under control, and economic scars from the intense downturn slow to heal, the outlook remains fragile and uncertain.

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