earlier scaled globally that would be equivalent to a 115 trillion dollar loss in output during those 30 days or roughly the annual output of indonesia a country of 270 million people that underscores how steep the climb ahead is to return to prepandemic levels of activity given that the damage to business and household incomes is likely to delay a complete recovery said wsj the enormity of the loss of output in april means many countries will initially enjoy a quick strong rebound with doubledigit growth in many indicators creating the illusion of a swift return to normal however said wsj the depth of the contraction presages a steep climb back particularly amid uncertainty over when and whether a vaccine will arrivealso read opinion carmakers heading to new reality in the covidera ani published on jun 13 2020 at 0417 pm ist telegram facebook copy link be the first one to comment comment now comments comment now read comment 1 all comments post post find this comment offensive choose your reason below and click on the submit button this will alert our moderators to take actions reasons for reporting foul language defamatory inciting hatred against a certain community out of context spam others report join the community of 2m industry professionals subscribe to our newsletter to get latest insights analysis download etauto app get realtime updates save your favourite articles scan to download app coronavirus impact on economy ihs markit world economy economy the federation of automobile dealers associations pmi homenewsindustryeconomic plunge in april points to steep climb for world economy