Perception vs Reality: Inflation and Economic Growth

Veronique de Rugy discusses the discrepancy between rosy economic data and the American people's dissatisfaction with the economy. India's surging economy outpaces China's growth, forcing Beijing to reassess its calculations. Foreign direct investment into China hits a 30-year low, highlighting structural problems and geopolitical tensions. Plus, a preview of Germany's flash inflation data and UK mortgage approvals in European economic news.

Sources:
https://bismarcktribune.com/opinion/columnists/veronique-de-rugy-americans-can-tell-the-difference-between-rosy-economic-data-and-reality/article_9e4b155c-ede9-11ee-998e-0f5c4e412e72.html
https://www.forbes.com/sites/miltonezrati/2024/04/01/india-gains-on-china/
https://gfmag.com/economics-policy-regulation/china-foreign-direct-investment-hits-30-year-low/
https://www.rttnews.com/3436144/european-economic-news-preview-germany-flash-inflation-data-due.aspx

Outline:
(00:00:00) Introduction
(00:00:41) Veronique de Rugy: Americans can tell the difference between rosy economic data and reality
(00:03:19) India Gains On China
(00:06:06) China: Foreign Direct Investment Hits 30-Year Low
(00:09:03) European Economic News Preview: Germany Flash Inflation Data Due