The worldwide fall in Covid-19 cases has continued for the fifth consecutive week. 1.8 million new cases were reported between 20 and 26 January, down 27% from the previous week (chart 1). Overall, the situation has improved significantly in Asia (-34%), Europe (-29%) and South America (-24%), while it has stabilised in North America after falling for eight weeks. In Africa, new cases increased slightly (+3%), but the numbers remain very low. Meanwhile, vaccination campaigns are continuing to progress worldwide, but at a much slower pace. 69.4% of the global population have received at least one dose of a vaccine (chart 2).
The weekly GDP proxy indicator has recovered significantly in Germany, France, Belgium and Italy, while it remains relatively stable in Spain. In the United States, the United Kingdom and Japan, an increase over the latest data points can be noted (chart 3, black curve). This tracker is produced by the OECD using Google Trends data from searches relating to consumption, the labour market, real estate, industrial activity and uncertainty. The tracker shown here is calculated on a year-on-year basis.
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