Swiss bank UBS projects economic normalcy in Brazil in September

RIO DE JANEIRO, BRAZIL – UBS study uses data on vaccination rates to assess pandemic control prospects.

Swiss bank UBS released a very favorable balance and perspectives for the control of the Covid-19 epidemic in Brazil, mainly given what it considers a strong vaccination rate.

The bank says there is evidence that the first dose of the vaccine alone strongly reduces hospitalizations, ICU admissions, and deaths.

According to the report, the available data allow it to infer that any vaccine dose lowers hospitalization probability by 78%, while a 92% decrease in severe cases after the second dose is observed.

The numbers also point out that 92% of Brazilians over 60 have been administered at least one dose, and 59% have taken two.

The bank projects that if vaccination corresponds to at least 80% of the projected program, it is possible that 85% of individuals over 30 will have been administered at least one dose by the end of August.

According to the bank, this would enable a return to economic normality in September, by which time coverage with the second dose would exceed 80%.

Source: Exame