The impact of the Covid-19 outbreak on economic prospects is severe.
Growth was weak but stabilising until the coronavirus Covid-19 hit. Restrictions on movement of people, goods and services, and containment measures such as factory closures have cut manufacturing and domestic demand sharply in China. The impact on the rest of the world through business travel and tourism, supply chains, commodities and lower confidence is growing.
Read more about the OECD Economic Outlook, Interim Report at the website of the OECD