Estimated impact of coronavirus on consumption value in Italy 2020, by sector
According to estimations from April 2020, the coronavirus pandemic will have a significant impact on the Italian economy. Especially, it is estimated that the hotel and catering sector will experience the largest decrease in terms of consumption value. If the coronavirus emergency will last until the beginning of October 2020, it is forecasted that this sector will lose about 41.6 billion euros. Moreover, the transport industry is expected to be the second most hit sector, registering a loss of roughly 22 billion euros.
For a global overview of the economic impact of the coronavirus pandemic, consult the report Coronavirus: impact on the global economy.
For a global overview of the economic impact of the coronavirus pandemic, consult the report Coronavirus: impact on the global economy.
