.MODERN ECONOMIC statistics are best taken a function in improvement. As new details becomes available to national data workplaces they upgrade and revise earlier released amounts. The picture of the economy enters concentration merely slowly, even more like an out-of-date photograph than a snap on a contemporary cell phone.
Revisions of much older data are component the procedure and seldom make the headings. Yet in the past pair of months alterations in Britain as well as Italy have resembled spinning and rewrite recent economical past. What happened?