Global Barometers move in opposite directions in March

Podcast

In March, the coincident and leading Global Barometers show diverging movements. While the Coincident Barometer declines after a slight increase last month, the Leading Barometer rises for the second month in a row. In March, the Coincident Global Barometer decreases by 1.3 points to 94.0 points, which is close to the level of January. The Leading Barometer, however, gains 1.1 points to reach 103.6 points. The fall in the Coincident Barometer is driven by the indicators for the Asia, Pacific & Africa region and the Western Hemisphere, while the rise in the Leading Barometer is driven mainly by the Asia, Pacific & Africa region, followed by Europe. The indicators for the Western Hemisphere are in decline this month on both temporal horizons.