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The CPB World Trade Monitor shows a historical decline in the world trade volume in April of 12.1% compared with March. →

Unprecedented 6% decrease in GDP in 2020, followed by an increase of 3% next year. Unemployment would double, but, although public finances would be severely impacted, they would not enter the danger zone. Great uncertainty. →

Social distancing measures to counter the pandemic, in the Netherlands, have led to an unprecedented decline in economic activity of between 10% and 15%. Because of the considerable uncertainty about the course of the pandemic and the rate of recovery of the economy, the recently published June projections by CPB Netherlands Bureau for Economic Policy Analysis contain various scenarios. Under the baseline scenario, which assumes a moderate recovery, GDP would decrease by 6% in 2020, followed by an increase of 3% next year. Unemployment would double, but, although public finances would be severely impacted, they would not enter the danger zone. →