Spain’s current account balance recorded a surplus of EUR 2.0 billion in June, markedly below the EUR 3.8 billion surplus...
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Spain: Current account surplus declines markedly in June -
Japan: Consumer confidence slips lower in August The consumer confidence index came in at 29.3 in August, marginally down from July’s 29.5. As a result, the index—which... -
Dominican Republic: Central Bank cuts rates in August to support activity At its end-August meeting, the Central Bank (BCRD) cut its policy rate from 3.50% to 3.00%, taking total easing this... -
Estonia: Economy contracts at steepest rate since Q4 2009 in Q2 amid Covid-19 fallout GDP plunged 6.9% year-on-year in the second quarter, significantly greater than the 0.7% contraction logged in the first quarter and... -
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...