An Economic Bellwether Shows Recovery Losing Steam

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An Economic Bellwether Shows Recovery Losing Steam
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The global economy is set to regain lost ground in the three months through September, but there are indications that its recovery is likely to slow from there, with the novel coronavirus still weighing heavily on consumer services and other businesses.

LONDON—The global economy is bouncing back strongly from the dramatic collapse it suffered in the spring, but fresh data suggest the early gains from the lifting of coronavirus lockdowns are already exhausted, adding to evidence that the world economy could take many months, if not years, to heal.

Fresh figures from the U.K. provide valuable insight into on the state of the continuing economic recovery. The country is one of a handful of economies to release month-to-month figures for economic growth and is also the largest...

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