According to preliminary data released by the Bank of Korea, the economy contracted 3.3% in quarter-on-quarter seasonally-adjusted (qoqsa) terms in...
News Category: GDP
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Korea: Economy contracts in Q2 at most dramatic pace in decades -
Angola: Recession deepens in Q1 before full impact of Covid-19 was felt The economy remained in recession in the first quarter, and the downturn is expected to have intensified in the second... -
Guatemala: Economic momentum weakens markedly in Q1 Economic growth eased markedly in the three months ending in March, with GDP expanding a meager 0.7% year-on-year in the... -
Belarus: Economy enters recession in Q2 A preliminary estimate revealed the economy shrank 1.7% in the first half of the year. This followed a 0.2% contraction... -
China: GDP bounces back in Q2 on gradual normalization and foreign demand for health products Economic activity rebounded in the second quarter after the coronavirus pandemic hammered the economy in the first quarter, led by... -
United Kingdom: Economy remains in the doldrums in May despite uptick from April GDP increased 1.8% month-on-month in seasonally-adjusted terms in May (April: -20.3% mom), supported by recoveries in industrial production and construction.... -
Singapore: Economy shrinks at fastest rate in over three decades in Q2 Activity nosedived in the second quarter according to an advanced estimate, pushing the economy into recession. In the three months... -
Norway: Economic output returns to growth in May Economic output grew 1.9% over the prior month in May in seasonally-adjusted terms, contrasting the 3.8% contraction in April and... -
Russia: Third estimate confirms slowdown in growth in Q1; recession expected A third estimate of national accounts data released by Rosstat on 3 July confirmed that growth moderated to 1.6% year-on-year... -
Chile: Copper prices jump to five-month high in June Average copper prices rose in June on the back of upbeat demand from China and supply-side concerns in large producing...