SKBI Big 5 Survey 2020 August

• Main Author: Singapore Management University
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2020
• Subjects: Economic outlook; GDP; inflation; monetary policy; fiscal policy; business cycles; China; Europe; India; Japan; United States; Economics; Finance and Financial Management
• Online Access: https://ink.library.smu.edu.sg/skbi/13; https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1011&context=skbi

The COVID-19 pandemic led to whopping downward revisions to 2020 real GDP growth among the Big5 economies, on average greater than 7%-points (ranging from roughly 3.5%-points for China to more than 10%-points for India). The forecast revisions to headline inflation were less sizable and more uneven,...