Global Economic Forecasts update
What: The Euromonitor Recovery Index forecasts.
Why it is important: Only China, Sweden and Switzerland recover from the hit taken first half of 2020 in the coming months. The rest of the world will wait until 2022 to bounce back to 2019 levels.
The Euromonitor Recovery Index is a composite tracker mixing total GDP and factors determining consumers’ spendings. In spite of a rebound when the lockdowns are lifted, most of the economies will remain below 2019 until the end of 2021 in most of the scenarios.
Global Recovery Tracker: Activity in Key Markets
Global Economic Forecasts Q4 2020
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