The economy remains on life support, but its pulse is still beating – latest real time indicators of the Scottish economy

The fight against the coronavirus is continuing to take its toll on economic activity in Scotland. Official data capturing the direct impact of the pandemic on the Scottish economy is beginning to be released (see our article from earlier this week on labour market and Universal Credit data), but at the moment it only covers the first few weeks of the lockdown. In this week’s article we continue to look at some regular and new indicators on business activity/sentiment, the labour market, consumer demand, and prices to provide us with an indication of where we might be heading.