A quarterly forecast for the Greater China region, for the finance profession, produced with Oxford Economics.
Economic data on coronavirus
The spread of COVID-19 has already disrupted the economy in China and beyond. This page collects together ICAEW insights and externally-produced resources giving economic indicators and analysis on the financial impact of the coronavirus.
Weekly briefing from PwC presenting key economic data plus illustrative scenarios and analysis of the impact on industry sectors.
Research briefing looking at the effect of the coronavirus and policy responses on the UK economy and public finances.
A series of weekly webinars hosted by Deloitte's Chief Economist discussing the impacts of COVID-19 on the UK and global economy, challenges faced by organisations, how businesses are responding and government initiatives.
Detailed briefing examining the likely impact of the coronavirus epidemic on SMEs alongside an inventory of country responses to foster SME resilience. The paper brings together data on disruption to firms and the impact on revenue, sales, employment costs, demand, supply chains, and other areas from industry surveys across OECD countries.
Bulletin from the Confederation of British Industry (CBI) summarising the impact of the coronavirus on supply chains, activity, labour and operating conditions.
Caixin Purchasing Managers' Index (PMI) data for February 2020 shows a severe impact on China's manufacturing sector and intense pressure on supply chains resulting from the outbreak of COVID-19. However, the situation is expected to improve through March once coronavirus-related restrictions are lifted and manufacturers resume work.
The OECD forecasts a 2.4% drop in annual global GDP growth in 2020 as a result of the coronavirus outbreak – with direct disruption to global supply chains and an adverse impact on business confidence, financial markets and the travel sector. This Interim Economic Outlook report examines the economic impact of both a base-case contained outbreak scenario and a domino scenario illustrating the potential effects of a broader contagion.
The UK Manufacturing Purchasing Managers' Index (PMI) for March 2020 sees rapidly emerging disruption to supply chains due to the outbreak of COVID-19. Responses from purchasing managers indicate that companies have depleted Brexit safety stocks and that delays in the delivery of inputs have led to increased pressure on inventories, with stocks of purchases falling at the fastest rate in over seven years.