CEE entering a renewed downturn

The rapid spread of COVID-19 in Central & Eastern Europe (CEE) will cause a renewed slump in the region in Q4. That contrasts with India and parts of Latin America and Africa, where falling new cases and easing containment measures should support activity. Even so, as long as recent outbreaks start to come under control, CEE should still outperform most EM regions (bar Asia) over the next year.

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