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During the second wave of the COVID-19 pandemic, the GDP of OECD countries has increased, on average, by 0.7% relative to 2020-Q3. The modest growth in the last quarter of the year did not allow them to reach the GDP levels prior to the outbreak of the pandemic (-3.44%). The OECD countries experienced a sharp decline in private consumption, which has been counteracted by an increase in investments, government spending and exports. Except for government spending, all GDP components are significantly lower than their pre-crisis levels. On average, the OECD predicts GDP to grow at an annual rate of 5% from 2021, as economic activity transits towards normality. The average unemployment rate of 6.9% decreased by 0.75 percentage points relative to the third quarter of the year. In the first half of 2021, the OECD expects unemployment to grow up to 7.5% as countries tighten containment measures to avoid a third wave of the pandemic and then to decline gradually. Prices are relatively stable.

April 2021

ECSA Chemicals AG
Burgauerstrasse 17
CH-9230 Flawil (Switzerland)

Via Luigi Favre 16
CH-6828 Balerna (Switzerland) 

T. +41582119100
F. +41582119101

CHE-143.818.564

ECSA Maintenance AG
Burgauerstrasse 17 
CH-9230 Flawil (Switzerland)

Via Luigi Favre 16 
CH-6828 Balerna (Switzerland)

T. +41582119300
F. +41582119301

CHE-143.818.564

ECSA Energy SA
Via Luigi Favre 16 
CH-6828 Balerna (Switzerland)

T. +41582119500
F. +41582119501

CHE-143.818.564

ECSA ITALIA Srl Società
con Unico Socio
Via Lavoratori Autobianchi 1 
I-20832 Desio (MB)
(Stabile n. 15 - Polo Tecnologico della Brianza)

T. +39 0362 625 421
F. +39 0362 304 361

P.IVA IT00222470130

Codice destinatario: C1QQYZR

Porta Ticino Easy Stop SA
Via San Giorgio 37
CH-6877 Coldrerio

T. +41582119910
F. +41582119911

CHE-477.597.888

Stalvedro Easy Stop SA
Stalvedro 4, CH-6780 Airolo

T. +41582119950

CHE-315.206.664

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