Now that Q4's very weak growth figures are in we'll no doubt hear more about being slowest economy in G7. Here are prelim. stats for 2018 growth:
Lesson: H2 2018 saw SERIOUS slowdown outside N America
I've been spammed so often in the past day with this silly tweet from @afneil
The tweet is riddled with errors, comparing data with stuff which does not exist, and apples with pears
Shockingly poor economics from Andrew, but let me explain
Let's first take the many countries on the G7 list for which data does not even exist yet, so any comparison cannot be made without literally making it up.
Here is the US website. Surely @afneil remembers there was a government shutdown and that has affected GDP data release timing.
All he had to do was check the Bureau of Economic Analysis website - it's written on the home page
Outside US, not much more effort would direct him to the Japanese official website which also has not published its Q4 data yet - of course that is necessary for even "prelim stats"
They're not out yet either (coming Thurs)
If you take what's already published plus consensus estimates for Q4 you get what I tweeted (prelim stats - estimates would have been better). None of this "know it all" stuff you're posting will materially affect the table I tweeted. Get off your high horse and take a wager ...
Hooray for Italy - This is the one comparison Andrew got right as is clear from the iStat website
Now @afneil might think a strike rate of one in six is sufficiently accurate for a senior BBC journalist.
I happen to disagree
Andrew - the numbers you used for Germany and France have been published and yours were wrong.
Since you have been shown your errors and are not backing down, it appears that you are now lying rather than just mistaken
Friends pointed me to an error in this thread, which I missed due to my feeble Italian skills.
Preliminary estimate of Italian growth in 2018 was 1.0% not 0.1%.
I apologise for this error.
It means @afneil got all six comparisons wrong