26 Mar 2020 - Widespread lockdowns and social distancing in economies affected by the coronavirus outbreak are set to cause a massive negative short-term impact on consumer spending and GDP.
Coronavirus updates
Understand the economic impact of the coronavirus.
Featured Coronavirus Research Briefings
24 Mar 2020 - The COVID-19 pandemic will badly hit all EM economies. Limitations in health care, fiscal buffers, and economic structure typically make EMs more vulnerable to major external shocks. Our scorecard ranks EMs accordingly and predicts that Latin American and African regions will be worst affected.
23 Mar 2020 - Our new forecasts show the global economy entering recession in the first half of 2020, with the downturn expected to be comparable to that seen in the Global Financial Crisis.
20 Mar 2020 - In recent weeks we have revised down our baseline forecasts as more countries announced draconian policy measures to limit the spread of coronavirus.
16 Mar 2020 - Developments over the past week have greatly increased the likelihood that the global economy is moving into recession in response to the surge in COVID-19 cases worldwide, the associated disruption, and the aggressive market sell-off.
6 Mar 2020 - With the economic impact of coronavirus large and rising, policymakers in advanced economies are being forced to react. But conventional monetary and fiscal options like the US Federal Reserve’s recent emergency rate cut, may not be enough.
6 Mar 2020 - What began as a supply shock in China has morphed into something much more serious. The effects of financial market weakness and the disruption to daily life around the world will trigger lower consumer spending and investment on top of the disruptions to the global supply chain.
4 Mar 2020 - We have been concerned about the health of the corporate sector for some time. The coronavirus outbreak could be the shock that brings the underlying vulnerabilities to the fore.
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Oxford Economics is a leader in global forecasting and quantitative analysis. Our worldwide client base comprises more than 1,500 international corporations, financial institutions, government organisations, and universities.
Headquartered in Oxford, with offices around the world, we employ 400 staff, including 250 economists and analysts. Our best-in-class global economic and industry models and analytical tools give us an unmatched ability to forecast external market trends and assess their economic, social and business impact.