Our Oxford Economics Normality Tracker improved in March, reflecting a fall in Covid cases, thanks to the January lockdown.
This has occurred at a time when other European cities have been experiencing rising case numbers.
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The analysis and forecasts in this report are part of the Oxford Economics Cities and Regions suite of forecasting services, which now covers 7,000 cities and regions across the world, providing regularly updated data, forecasts and analysis for each location. Forecasts are produced in conjunction with the Oxford Economics Global Economic Model (GEM). This ensures that developments in the global economy have a direct influence on the outlook for city and regional economies.