Home Appliance Market Report 2020 : Rising Impressive Business Opportunities Analysis with Top Countries Data Forecast By 2026
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Sep 29, 2020 (The Expresswire) —
Home Appliance Market” is valued at 669350 million USD in 2020 is expected to reach 889550 million USD by the end of 2026, growing at a CAGR of 4.1% during 2021-2026, According to New Research Study. 360 Research Reports provides key analysis on the global market in a report, titled “Home Appliance Market by Types (Kitchen Appliances, Refrigerators, Washing Machines, Television, Air Conditioners, Others), Applications (Cooking, Food Storage, House Maintenance, Entertainment, Cleaning, Others) and Region – Global Forecast to 2026” Browse Market data Tables and Figures spread through 115 Pages and in-depth TOC on Home Appliance Market.
COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets.
By Paul Hannon
China and other rich countries will suffer less economic damage from the coronavirus pandemic than previously feared, according to the Organization for Economic Cooperation and Development, but the global public health emergency will exact a higher toll on the economies of poor countries.
The Paris-based research body Wednesday said the global economy will contract less sharply this year than it thought likely in June, but warned that the recovery is set to slow from this month and remain vulnerable to fresh outbreaks. The OECD doesn’t expect a vaccine to be widely available until the end of next year.
“Momentum appears to be plateauing and confidence remains weak,” said Laurence Boone, the OECD’s chief economist.
In the latest of its quarterly reports on the global economy, the research body said it now expects the U.S. economy to shrink by 3.8% this year, having forecast a decline of 7.3%
WARSAW (Reuters) – Migrants entering the European Union should be stopped and turned back to their home countries, Czech Prime Minister Andrej Babis said on Thursday in Brussels ahead of negotiations surrounding a new EU migration plan next week.
A meeting of EU heads of government to discuss a new migration plan, Belarus and coronavirus was postponed from Thursday until next week because European Council President Charles Michel, who normally chairs such gatherings, was quarantined.
“We have to change the system of grants and the quota system, it’s unacceptable for us. That’s why we should keep negotiating… the strategy should look like this – the people coming from these countries, they should be stopped and turned back to their countries and be given help there,” Babis said during a press conference.
As per data released by the Ministry of Statistics and Programme Implementation, India has recorded a GDP drop of 23.9 per cent, in the period April-June 2020. This is the worst contraction since India started reporting GDP data in 1996.
This has been corroborated by a graph that the International Monetary Fund’s (IMF) chief economist, Gita Gopinath posted on Twitter, which shows that India saw the sharpest contraction among the G-20 nations.
India also saw one of the world’s strictest lockdown imposed in March, which has been extended multiple times since then. These have stalled economic activity and have led to the country’s economy being in the doldrums.
Finance Minister Nirmala Sitharaman had earlier said that such a contraction is the result of an Act of God, inviting much trolling both from outside and within the party. India’s chief economic advisor, K Subramanian, however, has said that the contraction is