I don't think GDP has fallen 13%! Are you sure you haven't taken the quarterly numbers published each month and added them up as if they were a series of monthly numbers?
I live in London and here is what I just saw at lunch time. An absolutely packed urban mall in Bloomsbury full of shops, restaurants, a Waitrose: everyone buying food and clothes, lots of people about. The economy is booming in London right now. I don't know why, but there is tonnes of money about in London.
John,Well spotted. Actually, the chart I posted was for industry, which is down 13 percent. I had to copy the data from a PDF file, the columns titles got mixed up in excel, and I wasn't concentrating.Anyway, I have corrected it, and as you say, GDP did not fall 13 percent.Alice
Keep your graphs coming Alice. They are much appreciated.Thank you.
I second that!Much appreciated and informative blog.t