G3

The economies of the G3 – the US, Euro Area, and China – are collectively growing at 3.7% in

the current quarter relative to the same quarter last year, according to the Now Casting 

growth monitor. And G3 growth in Q1 2014 will be 4.15% higher than in the same quarter 

last year.

Over the past month the picture for the US has improved, and this improvement has been only

partially offset by a slight weakening in the data for the Euro Area and China.