Brief economic corona news from November 3
FHI, Federation of Technology Industries – November 3, 2020
- The RIVM reports 7776 new corona infections on Tuesday, 529 fewer than Monday. The number of new hospital admissions and deaths due to corona has increased: the RIVM reports 103 admissions (twelve more than Monday) and 113 deaths (84 more).
- The government is calling on everyone not to travel abroad in the coming months, including the Christmas holidays and the first weeks of January. Libraries, cinemas, theaters, museums, amusement parks and zoos will also close, NOS reportsThe maximum group size will increase from four to two people.
- The corona crisis can cause lasting economic damage and long-term effects on the labor market. warns the Netherlands Authority for the Financial Markets (AFM)The pandemic could also amplify existing risks for the financial sector.
- Retail sales grew 9.2 percent in the third quarter compared to the same quarter in 2019. According to CBS This is the largest increase since these figures have been kept.
- Germany is in the midst of a decisive phase of the pandemic, Health Minister Jens Spahn has said. He calls the situation serious and says November will be a "difficult month" for Germany, reports Reuters.
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