Global economic analysis

Discover Bloomberg Economics’ latest analysis on key issues, including the significance of downward job revisions and the impact of US tariffs on European goods.

Global oil refinery quarterly: Mega projects ramp up runs

The capacity of the global oil refining sector contracted by 350,000 barrels per day in the second quarter of 2025 on the closure of PetroChina’s Dalian plant and Petroineos’s Grangemouth plant. While total net capacity may rise in the second half of 2025 with new...

China consumption: 2026 outlook

Bloomberg Intelligence’s China retail sales outlook of 4.1% growth is shaped by the government’s ability to stimulate spending, with a final round of support expected to unleash over 1.2 trillion yuan in consumer spending.
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