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This Article is From Jul 22, 2020

Europe Extends Its Lead Over U.S., U.K. in Recovery Race

In all major advanced economies the pace of recovery has flattened as some countries approach their pre-crisis levels of activity, according to Bloomberg Economics' daily gauges. Within that overarching trend, the gap between leading euro-area countries and the lagging U.K., U.S. and Canada has widened in the past week. Sweden, which has followed a different containment strategy, has further lost ground, and in Japan, the recovery appears to be stalling.

©2020 Bloomberg L.P.

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