Covid Over-Eating, Global Tax Sprint, PMI Stumbles: Eco Day

Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.

Welcome to Thursday, Europe. Here’s the latest news and analysis from Bloomberg Economics to help you start the day:

  • British consumed 15% more calories than normal in May 2020, and that remained 10% higher on average during the second half of the year, a fresh study shows
  • The share of firms worried about inflation is at its highest level in almost a decade, the British Chambers of Commerce’s quarterly economic survey of more than 5,800 companies shows
  • Global tax negotiators meet this week in a 10-day sprint for a deal among more than 100 countries to overhaul international rules
  • Asia’s manufacturing managers are seeing stumbles in economic recovery as the virus weighs on output and vaccination lags, June regional PMIs showed; South Korea export data shows ongoing strength and Japanese manufacturing sentiment brightened
  • See Bloomberg Economics analysis of the Asia PMIs and China’s factory-gate prices
  • Phuket opens for business as Thailand pushes to save its economically critical tourism industry; meanwhile, anti-vaxxer disinformation spreading in Asia endangers millions

©2021 Bloomberg L.P.

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.