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#WeeklyReport May 25–31: Trends in Romania and worldwide amid the pandemic

COVID INFORMATION
1 June 2020
READING TIME: 2 MINUTES
#WeeklyReport May 25–31: Trends in Romania and worldwide amid the pandemic

 

The evolution of the indicators shows the following trends in the last week of May:

 

Romania:

  • On May 31, 124 new cases were reported, the lowest since March 26. The 10-day moving average of new confirmed cases is declining, at 167, the lowest since March 29: -8.3% compared with the level on May 24.
  • This is the 22nd day on which the number of recovered persons exceeded the number of new confirmed cases; in this context, new measures to ease restrictions were announced starting June 1.
  • The recovery rate is trending higher, at almost 70% on May 31, +5.8 percentage points versus the level on May 24.

 

Worldwide:

  • The daily pace of confirmed cases globally (on a 10-day moving average) is at its lowest since early March (1.902%), down from 1.972% at the end of the week of May 18 – 24.
  • The recoveries-to-confirmed cases ratio worldwide is on an upward trend: above 42% (the highest since March 16), up from almost 40% (the level on May 24).
  • In the US, the 10-day moving average for new confirmed cases was -5.6% in the period May 24 – 31 compared with the previous week, approaching the lowest level since April 2. The recovery rate reached almost 25%, +2.5 percentage points compared with the level at the end of the May 18 – 24 period. 
  • In Germany, the 10-day moving average for new confirmed cases fell to the lowest since March 14, which means -25% between May 24 and May 31. The recovery rate is rising, at over 90% and at a record high, an increase of 1.3 percentage points compared with the level on May 24.

 

Dr. Andrei Radulescu, Director of Macroeconomic Analysis, Banca Transilvania

 

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