The 'Monday effect' is at play, as we see active cases surpass 100,000
The slightly "lower" count today is likely due to the typical 'Monday effect' i.e. lower testing conducted over the weekend. As of yesterday's update, the active cases across the country has breached the 100,000 mark - doubling to that figure in just 10 days.
Meanwhile, another 24 deaths are reported today and that brings the total tally to 10,056 persons. Just last week, there were about ~100 districts in Germany deemed as 'high risk' but that figure has now grown to 251 districts.
The virus situation across Europe has been worsening at a staggering pace, where even a Dutch coronavirus patient was moved to a German intensive healthcare unit as the second wave of infections threaten to overwhelm medical capacity.
From an economic perspective, the intensifying situation will only serve to weigh on the outlook and recovery amid tighter restrictions and fears of the virus dampening the mood among consumers; affecting business operations and consumption activity.
