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April 2020 Barometer: Waiting for stimulus to kick in Governments and central banks are battling hard to contain the economic effects of a global pandemic. While the stimulus should benefit riskier assets, we continue to tread carefully.
The Global Coincident Barometer dropped 8.5 points in April 2020, to 69.4 index points (from 77.9 in March). This is the lowest level since May 2009 and signals a deepening of the deceleration in World GDP.
In the April 2020 edition, the Global Leading Barometer and the Global Coincident Barometer have fallen sharply, reflecting the impact of the COVID-19 pandemic on the world economy. The second consecutive decrease in the two barometers shows that the economies of all regions were seriously shaken by the pandemic.