- ECONOMIC IMPACT -
Latest update: 25 August
After weeks of gradual decline, GDP estimates for many countries have levelled off.
Concern over the spread of Covid-19 has dropped to the lowest level since March and business optimism remains high.
9.7%
The German economy contracted by a record 9.7% in the second quarter,
according to the German statistics office.
$10-12bn
The Australian Government estimates economic loss within a range of $10-$12bn due to lockdown measures.
Impact of Covid-19 on employment
![](/power/future_power_technology_sep20/coronavirus_executive_briefing/519252/FPT2009covid.960_0_1.jpg)
Employees hope for more flexibility in work
![](/power/future_power_technology_sep20/coronavirus_executive_briefing/519253/FPT2009covidoffices.960_0_1.jpg)
impact of covid-19 on business travel
![](/power/future_power_technology_sep20/coronavirus_executive_briefing/519254/FPT2009covidtravel.960_0_1.jpg)