Stay Updated with News from FocusEconomics
FocusEconomics' team of economists compiles and analyzes macroeconomic forecasts for more than 130 countries to provide the news and analysis companies need to make the right business decisions. All of this information is searchable and can be sorted by Date, Country, Region, Sector and Indicator displayed on the right.
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Italy: Health emergency and containment measure sap business confidence in March
March 27, 2020
The National Institute of Statistics (Istat)’s composite business confidence indicator (Clima di Fiducia delle Imprese Italiane, IESE)—which covers the manufacturing, construction, market services and retail sectors—dived to an over six-year low of 81.7 in March from February’s 97.8, hit by fears of a further spread of coronavirus and by the associated containment measures. March saw the retail trade sector taking the biggest hit, torpedoed by tumbling future business expectations.
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Italy: Consumer confidence tumbles in March amid the spread of coronavirus and lockdown measures
March 27, 2020
The consumer confidence index released by the National Institute of Statistics (ISTAT) slumped to 101.0 in March from February’s 110.9, hit by the rapid spread of Covid-19 and the lockdown imposed by the Italian government. March’s plunge came on the back of a broad-based deterioration in the economic, personal, current and future components.
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New Zealand: Consumer confidence at over seven-year low amid pre-lockdown measures
March 27, 2020
The ANZ-Roy Morgan consumer confidence indicator plunged to 106.3 in March from February’s 122.1, hit by coronavirus fears and pre-lockdown measures.
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Greece: Authorities announce EUR 10 billion package to combat economic fallout from Covid-19 pandemic
March 27, 2020
Over the course of March, Greek authorities announced a series of policy measures to mitigate the severe economic impact of the coronavirus outbreak.
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Argentina: Export contract at faster pace in February on diving purchases from China
March 27, 2020
Exports fell 2.8% in year-on-year terms in February, following January’s softer 0.8% dip.
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Austria: PMI falls sharply in March
March 27, 2020
Business conditions in the Austrian manufacturing sector deteriorated markedly in March, with the UniCredit Bank Austria Manufacturing Purchasing Managers’ Index (PMI) falling to 45.8 from 50.2 in February. The steep deterioration in operating conditions came on the back of the sharpest fall in output since the global financial crisis, with the Covid-19 pandemic wreaking havoc on supply chains and global economic activity, partly due to containment measures across the globe.
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France: Business confidence falls in March
March 26, 2020
In March, the French Statistical Institute’s (INSEE) business climate indicator for the manufacturing sector fell to 98 in March from 101 in February.
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