Plateau in European Activity Points to Economic Headwinds

Experimental data from Huq, a company tracking geospatial location data, also indicate an increase in international visitors to European countries.

The post-lockdown recovery in industrial production and trade has lagged other sectors of the economy, as international demand remains depressed by high levels of uncertainty and lockdowns in other parts of the world.

Travel to workplaces picked up relatively early in the recovery but has since begun to plateau well below normal levels in many countries.

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