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Rates of vaccination are on the rise in advanced nations but COVID-19 cases are also increasing. (Source photos by Reuters) 
Datawatch

COVID-19 casts shadow over US and European economic optimism

Delta variant shakes confidence despite progress on vaccinations

YOHEI MATSUO, TATSUYA GOTO and RINTARO HOSOKAWA, Nikkei staff writers | U.S.

TOKYO/NEW YORK/VIENNA -- Shadows are looming over an economic scenario in the U.S. and Europe, in which a rapid recovery could be achieved if COVID-19 vaccinations are accelerated.

The optimistic scenario is being shaken because the highly infectious delta variant of the coronavirus, first detected in India, is wreaking havoc, applying the brakes to improvement in sentiment among businesses and consumers. The plan to achieve an economic recovery by easing behavioral restrictions on vaccinated people has come to a crossroads.

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