RE: Questions for Dan27 Jan 2022 13:39
"Change in private inventories was 4.9%, or 71%, of the 6.9% Q4 GDP bottom line"
So a "stonking" Q4 GDP number of +6.9% then but that's set against real-world inflation of probably 3x that.
Moreover, 71% of that was channel-stuffed inventories that aren't being sold onto end-buyers.
This has H2 armageddon written all over it - as I suspected.