Economics
Latest Shape of Economic Recovery: How About a Bird’s Wing?
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France’s central bank governor Francois Villeroy de Galhau has added a new shape to the lexicon economists are using to describe the economic recovery from the coronavirus: Bird wing.
Recent data indicates that French output might not have plunged as much as initially thought during the pandemic lockdown, and consumer spending has rebounded robustly since the reopening of shops a week ago.