report Published on October 19, 2020

ING Monthly Economic Update 2020: Winter is coming

As the days grow colder and darker in the northern hemisphere, so too, does the economic outlook

The economic season has changed as quickly as the weather. With lightning speed, an almost endless summer has morphed into a grey and wet autumn. In turn, the global economy has switched from relief-and-surge mode, after the lifting of the lockdown measures, to slowing activity, with renewed fears of a double-dip recession amid rising infections and new restrictions. The surge in the third quarter was the easy part, to get to a sustainable recovery will be much harder.

If you want to know about all of this, please enjoy ING's latest Monthly Update. 

Source: ING

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