So what does all of this imply for us as central banks and providers of statistical information? Let me answer this question through the lens of financial stability. The Corona pandemic clearly demonstrated the importance of coordinated and timely policy responses. All over the world, governments took health policy measures to contain the disease from spreading.
The first preliminary estimate for the April-June quarter of 2021 marked a real GDP growth rate of 0.3 percent on a quarter-on-quarter basis and 1.3 percent on an annualized basis.