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Eurozone
Publication year - 2020
Publication title -
economic outlook
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.1
H-Index - 8
eISSN - 1468-0319
pISSN - 0140-489X
DOI - 10.1111/1468-0319.12521
Subject(s) - economics , tapering , covid-19 , demographic economics , economy , medicine , disease , pathology , infectious disease (medical specialty) , computer graphics (images) , computer science
We expect the eurozone economy experienced a quarterly rise of around 10% in Q3 as activity benefited from favourable base effects after the collapse in Q2. However, the latest monthly data are confirming our fears that the recovery is tapering off quickly, as the number of Covid‐19 infections continues to rise across the continent. PMIs declined for a second consecutive month in September amid a sharp fall in services, which highlights the impact that a second wave would have on the economy.