The share of economic agents whose activity is reduced by more than 25% increases from 33.3% in March 2020 to 45% in April 2020, and the rate of activity closures increases from 9.8% in March 2020 to 13.8% in April 2020, according to a research carried out by the National Institute of Statistics (INS).

One of the aspects highlighted by the ad-hoc statistical research carried out to evaluate the impact of the COVID-19 epidemic on the volume of economic activity is the high level of uncertainty regarding the future of business during March – April 2020 and its growth in April compared to March 2020. Thus , if in March 2020 a share of 21.2% of economic agents could not estimate how their business will evolve, in April their share increased to 34.3%, according to Agerpres.

According to INS, the increase is mainly explained by the reduction of the share of economic agents that did not foresee a cut of the economic activity from 12.9% in March 2020 to 6.4% in April 2020 and of the share of the economic agents that estimate a volume reduction with activity up to 25% from 14.3% in March 2020 to 7.7% in April 2020.