The output breakdown of Q2 GDP showed that virus containment measures hit the hospitality, recreation, and transport sectors hardest, while financial services were relatively unaffected. The more targeted nature of second wave restrictions suggests that the hit to output will be significantly smaller, but economies with bigger consumer-facing services sectors are likely to suffer most.

Read the publication Lessons from the Q2 GDP Output Breakdown on the Capital Economics Website.

For more info about this post:

View Source

close

Get notified when there is a new post. Read new post to earn 10 points!

1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

Rate an article for points!

Leave a Reply

Your email address will not be published. Required fields are marked *