Evaluating the initial impact of COVID-19 containment measures on economic activity

The increasing spread of the coronavirus across countries has prompted many governments to introduce unprecedented  measures  to  contain  the  epidemic. These  are  priority  measures  that  are  imposed  by  a sanitary situation, which leave little room for other options as health should remain the primary concern. These measures have led to many businesses being shut down temporarily, widespread restrictions on travel and mobility, financial market turmoil, an erosion of confidence and heighted uncertainty.