Merchandise exports fell 9.9% in annual terms in August (July: -7.1% year-on-year) amid still-tepid external demand. However, a lower number...
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Korea: Merchandise exports decline at sharp rate in August, although underlying picture is more positive -
Hong Kong: Decline in retail sales continues to soften July Retail sales fell 23.9% compared to the same month a year earlier in July, which was slightly softer than June’s... -
Korea: Preliminary estimate shows economy contracting at fastest pace since 2008 in Q2 A preliminary GDP release by the Bank of Korea shows the economy shrank 3.2% in seasonally-adjusted quarter-on-quarter (s.a. qoq) terms... -
Korea: Government announces expansionary 2021 budget to bolster recovery On 1 September, the government presented its 2021 budget, which aims to promote economic recovery from the damage caused by... -
Latvia: GDP contracts at sharpest pace in over a decade in Q2 on Covid-19 hit The economy shrank 8.9% year-on-year in the second quarter, according to detailed national accounts data released by Latvia’s Statistical Institute... -
Denmark: Economy plunges at record rate in Q2 The economy plunged 6.9% in the second quarter in seasonally-adjusted quarter-on-quarter terms (Q1: -2.0% s.a qoq) as a result of... -
Lithuania: GDP records sharpest contraction since Q4 2009 in Q2 The economy contracted a revised 4.2% on an annual basis in the second quarter, according to more complete national accounts... -
Colombia: BanRep cuts policy rate to new historical low in August On 31 August, Colombia’s Central Bank (BanRep) decided to cut the benchmark interest rate by another 25 basis points to... -
Slovenia: Economy contracts at record pace in Q2 as the pandemic bites GDP shrank 13.0% on an annual basis in the second quarter, down from the first quarter’s 2.5% decline and marking... -
Portugal: Economy enters recession in Q2, recording largest drop on record A second GDP estimate released by the National Statistics Institute on 31 August showed the economy shrank 13.9% in seasonally-adjusted...