FocusEconomics panellists expect 0.2% decline in global growth 1H2020 due to coronavirus

FocusEconomics panellists expect 0.2% decline in global growth 1H2020 due to coronavirus

Business FocusEconomics panellists expect 0.2% decline in global growth 1H2020 due to coronavirus. FocusEconomics panellists expect 0.2% decline in global growth 1H2020 due to coronavirus. Comments Off on FocusEconomics panellists expect 0.2% decline in global growth 1H2020 due to coronavirus. Most panellists see a 0.0-0.2 percentage-point reduction in global growth, with the impact likely concentrated in first half (1H) of the year.. The vast majority of panellists do not see the economic impact of coronavirus persisting beyond 2020, the report highlighted.. Sophie Altermatt, an economic researcher at Julius Baer, believes that the impact on global growth will mimic the pattern of the impact on Chinese economic activity - although to a softer degree.. Economists at Goldman Sachs said, "Despite a negligible hit to aggregate US activity from supply chain production disruptions under our baseline scenario, we have increased our estimated growth drag from the coronavirus given the slower than expected pickup in Chinese activity and travel..