You’ve got this nice marketing strategy. Consumer sentiment and unemployment expectations deteriorated sharply, with some enchancment in May. Survey-primarily based indicators point to a strong deceleration in employment throughout all enterprise sectors led by the companies and retail sectors (see Chart 1.7, left panel). These sectors have been affected probably the most by the lockdown measures. Mirroring the bleaker employment expectations and usually elevated uncertainty, households assessed their monetary situation as being a lot weaker and accordingly shopper confidence declined strongly.
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