EPV - EU And U.K. Economic Status September 2019
EU Conclusion: The EU is in a precarious position. Because it's far more export-dependent, the region has been negatively affected by the global trade slowdown, which has sent the manufacturing sector into a contraction. Consumers are still spending, which is keeping growth modestly positive.
UK Conclusion: Brexit is really hurting the economy. Leading indicators are showing a slowdown. There is a split in the coincidental data, with industrial production flat while strong employment is supporting retail sales growth.
EU Leading Data
Let's begin with the OECD leading indicator:The EU leading indicator has been trending