EcoWeek

Covid-19: India reaches more than 20 million cases

Eco week 21-18 // 10 May 2021  
economic-research.bnpparibas.com  
1
0
ECONOMIC PULSE  
COVID-19: INDIA REACHES MORE THAN 20 MILLION CASES  
The situation in India continues to deteriorate with 382,146 new Moreover, the OECD Weekly Tracker of annual GDP growth in the  
Covid-19 cases reported on 4 May alone, which has lifted the total main advanced countries continued to slide, although it picked up  
to more than 20 million cases since the beginning of the pandemic in Japan after a brief decline (chart 3). The OECD Tracker, which is  
(
chart 1). Given the insufficient number of vaccines, the vaccination based on Google Trends resulting from queries on consumption, the  
campaign continues to advance slowly. Since the vaccination was labour market, housing, industrial activity and uncertainty, should  
rolled out in January, 9.3% of the population has received at least one be interpreted cautiously since it reflects a base effect due to the  
dose (chart 2). In Asia (excluding India), Europe and the Americas, comparison with poor data when the pandemic started to spread last  
the number of new cases continues to decline (chart 1). In Europe, year.  
vaccination campaigns continue to accelerate. Several EU member  
Tarik Rharrab  
countries are approaching the threshold of 30% of their populations  
having received at least one dose, while the United Kingdom crossed  
the 50% threshold a few days ago.  
In the retail and leisure sectors, footfall continued to improve during  
the week of 23-30 April in the main advanced countries. It accelerated  
in Belgium (from -35% to -28% compared to the baseline*) and in Italy  
(
from -36% to -28%), bringing them in line with Spain, which reported  
a small 1-point improvement. In the United States, France and the UK,  
footfall continued to improve slowly. Note that footfall in France is still  
the lowest in Europe (-44% at 30 April).  
*
Google Mobility Reports show how visits and length of stay at different places change compared to a baseline. The baseline is the median value, for the  
corresponding day of the week, during the 5-week period Jan 3–Feb 6, 2020. A figure of negative 30% indicates that traffic was down 30% compared to  
a baseline. The reports show trends over several weeks with the most recent data representing approximately 2-3 days ago—this is how long it takes to  
produce the reports. In order to smooth the series, we use a seven-day moving average of the raw data in the Google Mobility Reports. Source: Google.  
DAILY CONFIRMED COVID-19 CASES  
SHARE OF PEOPLE WHO RECEIVED AT LEAST ONE DOSE OF VACCINE  
(
7-DAY MOVING AVERAGE)  
Share of people who received at least one dose of Covid-19 vaccine (4 May)  
Change in pp between 4 April and 4 May [RHS]  
Change in pp between 29 March and 28 April [RHS]  
India  
Asia excl. India  
Europe  
America  
Africa  
6
6
5
0
18  
4
4
3
3
2
2
1
1
50000  
00000  
50000  
00000  
50000  
00000  
50000  
00000  
1
6
55  
5
4
4
0
5
0
14  
1
1
8
6
4
2
0
2
0
35  
3
2
2
0
5
0
15  
1
0
5
0
5
0000  
0
0
1/20  
04/20  
07/20  
10/20  
01/21  
04/21  
CHART 1  
SOURCE: JOHNS-HOPKINS UNIVERSITY (05/06/2021), BNP PARIBAS  
CHART 2  
SOURCE: OUR WORLD IN DATA (05/06/2021), BNP PARIBAS  
The bank  
for a changing  
world  
Eco week 21-18 // 10 May 2021  
economic-research.bnpparibas.com  
1
1
RETAIL AND RECREATION MOBILITY & OECD WEEKLY TRACKER  
Retail and recreation mobility (7-day moving average, % from baseline*)  
OECD Weekly tracker, y/y GDP growth [RHS]  
United States  
20  
France  
2
1
0
0
0
20  
0
20  
1
1
5
0
5
0
15  
10  
5
-
-
-
-
20  
40  
60  
80  
-
-
-
-
-
10  
20  
30  
40  
50  
-
-
-
5
10  
15  
0
-5  
-10  
-15  
-20  
-
-
25  
30  
-100  
-35  
0
1/20 04/20 07/20 10/20 01/21 04/21  
Germany  
01/20 04/20 07/20 10/20 01/21 04/21  
Italy  
2
1
0
0
0
10  
5
20  
0
20  
10  
-
10  
20  
30  
40  
50  
60  
70  
80  
0
-20  
-40  
-60  
-80  
-100  
0
-
-
-
-
-
-
-
-5  
-10  
-20  
-30  
-40  
-
-
10  
15  
-20  
0
1/20 04/20 07/20 10/20 01/21 04/21  
Spain  
01/20 04/20 07/20 10/20 01/21 04/21  
Belgium  
2
0
30  
20  
0
15  
1
5
0
0
2
1
0
0
0
0
-
-
-
-
20  
40  
60  
80  
-20  
-40  
-60  
-80  
-100  
-5  
-
-
-
10  
20  
30  
-
-
-
10  
15  
20  
-
100  
-40  
-25  
0
1/20 04/20 07/20 10/20 01/21 04/21  
United Kingdom  
01/20 04/20 07/20 10/20 01/21 04/21  
Japan  
2
0
0
20  
20  
15  
10  
5
1
1
5
0
5
0
1
0
0
-
-
-
-
20  
40  
60  
80  
-
-
-
-
10  
20  
30  
40  
0
-5  
-5  
-
-
-
-
10  
15  
20  
25  
-10  
-15  
-20  
-
100  
-30  
-50  
01/20 04/20 07/20 10/20 01/21 04/21  
0
1/20 04/20 07/20 10/20 01/21 04/21  
SOURCE: OECD (05/05/2021), GOOGLE (05/03/2021), BNP PARIBAS  
The bank  
for a changing  
world  
QUI SOMMES-NOUS ? Trois équipes d'économistes (économies OCDE, économies émergentes et risque pays, économie bancaire) forment la Direction des Etudes Economiques de BNP Paribas.
Ce site présente leurs analyses.
Le site contient 2732 articles et 723 vidéos