Economic Outlook and TRM Costs – September 2020
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Sep22
2020Economic Outlook and TRM Costs – September 2020
The recovery remains hesitant and the global economy is navigating by sight, victim of the shockwave caused by the COVID-19 epidemic.
Despite some recovery following the lockdown phase, the French economy is expected to experience an unprecedented recession in 2020, ranging from -7.1% to -10.1% in the least pessimistic scenarios. The final level will largely depend on the economic situation in the fourth quarter.issue quarter and therefore the control of the health crisis and its impacts by the population and its government.
In the road haulage sector, after lockdown restrictions were lifted and an initial rebound, momentum has proved insufficient. Over 12 months, road haulage turnover remains negative.
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