CECIMO – Economic and Statistical Toolbox – Fourth Quarter 2020

The CECIMO Economic and Statistical Toolbox for the Fourth Quarter of 2020 is available now.
Introduction for Q4
This edition of the CECIMO Toolbox takes a look at both the data for the 4th quarter of 2020
and, in many cases, for the year as a whole. It reflects, of course, a difficult year for the whole
world as the impact of the Coronavirus outbreak, which started in China at the end of 2019,
caused a short but very strong recession in most countries. While a handful managed to
avoid a recession by having a small amount of growth in the 1st quarter of the year (and so
only one negative quarter), the 2nd/3rd wave of infections that we are seeing at the moment
is likely to lead to a second phase of the recession; this means that we are still in a period of
economic uncertainty across Europe.
To read previous versions of the toolbox on our website, visit this page.