Middle East Covid-19 Global Industries: Revisions & Views Roundup – Global Recession Will Cut Deep Across Industries

摘要

At Fitch Solutions Industry Research we have revised down our 2020 growth forecasts for several major industries, including Consumer & Retail, Autos, Construction, Power, Oil & Gas (upstream and downstream), Infrastructure and Mining. We have made upward revisions to our forecasts for Healthcare, Household Food Spending and Cloud Computing. The forecast revisions are broad based and spread through Emerging and Developed Markets. Asia, Europe and North America are the regions were most of our forecast changes have taken place, though an ongoing revision of our assessment means we expect to intervene in more markets as the Covid-19 pandemic spreads and disrupts economies and industries further.