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Economy ENG Eurozone Macro Analysis

Macro Focus: Economic impact of Lockdowns 2.0

In order to contain the second wave of the COVID-19 pandemic, most European countries have implemented new lock-downs starting from Mid-October.  As the Chart of the Week with data extracted from Google Mobility shows, the new “soft lockdowns” were overall significantly softer than the “hard lockdowns” implemented to contain the first wave of the pandemic, earlier this year in […]

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ENG Macro Analysis

Macro Focus: Impact of COVID-19 on E-Commerce sales

The Census Bureau of the US Department of Commerce announced on August 18 that U.S. retail e-commerce sales for the second quarter of 2020, adjusted for seasonal variation, was $211.5 billion, an increase of 31.8 percent from the first quarter of 2020.