why GDP decreasing?
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The GDP decline in the April-June quarter (Q1) is primarily due to the pandemic and does not relate to the economy's performance leading into the pandemic. The data unmistakably establish this fact and also suggest that the economy is recovering strongly in the unlock phase.
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The GDP decline in the April-June quarter (Q1) is primarily due to the pandemic and does not relate to the economy's performance leading into the pandemic. The data unmistakably establish this fact and also suggest that the economy is recovering strongly in the unlock phase.
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