Weekly Economic and Financial Commentary: Q2 Likely to Be Worse for Global Economies

<p>U.S. Review Aggregate Demand Takes a Big Hit from the Shutdowns Retail sales plummeted 16.4% in April, following an 8.3% drop the prior month. Industrial production fell 11.2% in April, with huge declines in consumer goods, business equipment and mining. With demand eviscerated, inflation has eased. The Consumer Price Index fell 0.8% in April, while [&#8230;]</p>
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