The July 2021 edition of Numera Analytics’ Global Macro Perspectives report features in-depth commentary of the key macro themes shaping the global economic outlook, as well as our latest country and regional views on growth, inflation, and exchange rates. 

The impact of new COVID variants and rising infection rates in the UK and Southern Europe have renewed concerns about the sustainability of the global recovery. In this month’s edition of Global Macro Perspectives, we discuss the potential impact of a ‘third wave’ on DM growth prospects. While we expect COVID cases to accelerate, it is unlikely that new outbreaks will derail the recovery, with most DMs growing well above trend even by 2022.

Please note that Numera clients are now able to download the 22 charts in Global Macro Perspectives via our new Macro client website. If you would like a website tour, please contact Chris Cook at