Even with a gradual easing of the distancing measures, recovery in these segments will depend on the time it takes for the fears accumulated in the past months to be dispelled. A significant share of the demand for these sectors’ products and services relies on tourism, to which over 5 per cent of GDP and 6 per cent of employment is directly attributable.
After the abrupt stop caused by the epidemic, tourism is expected to recover only partially in the second half of this year and in the next; the recovery will be held back above all by the reduction in the number of foreign visitors.