This short-term outlook edition coincides with the unfolding of the Covid-19 crisis, making the exercise exceptionally challenging. Market forecasts are based on market intelligence available at the beginning of April 2020 and reflect the Covid-19 impact to the extent possible, with all the caveats and limitations in view of the rapidly evolving situation. In addition, for the first time market outlooks are presented for EU-27, and assume a frictionless trade between the EU and the UK in 2020.

Traveling by plane, train or automobile: the most environmentally sound choice may not always be clear. The report assesses the value of travel by train and plane. Rail travel is the best and most sensible mode of travel, apart from walking or cycling.