Retail sales jumped 18.1% compared to the same month of 2020 in March 2021, after plunging 9.6% in February, benefiting...
Latest Global Economic News
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Spain: Retail sales surge on an extremely low-base effect in March -
Spain: Economy swings back to contraction in Q1 amid tighter restrictions The economy fell back into contraction in the first quarter of 2021, as the tightening of restrictions amid another wave... -
Euro Area: Unemployment rate dips in March Labor market conditions in the common currency block improved in March. The number of unemployed people decreased by 209,000, while... -
Euro Area: Inflation at two-year high in April on surging energy prices Harmonized inflation came in at 1.6% in April, following March’s 1.3% and marking the highest print since April 2019. Inflation... -
Germany: Harmonized inflation rises in April Harmonized consumer prices rose 0.5% month-on-month in April, matching March’s increase. The print reflected a stronger rise in prices for... -
Euro Area: GDP contracts again in Q1 amid tighter lockdowns The Euro area economy shrank a seasonally-adjusted 0.6% from the previous quarter in Q1 2021, broadly matching Q4 2020’s 0.7%... -
United Kingdom: Annual house price growth accelerates in April According to the Nationwide Building Society, house prices in the United Kingdom rose 2.1% month-on-month in April, contrasting March’s 0.3%... -
France: Activity rebounds in Q1, growing more than expected According to a preliminary estimate, economic activity rebounded in the first quarter of the year, with GDP growing 0.4% on... -
Italy: Activity drops at a softer rate in the first quarter According to a preliminary estimate, GDP declined 0.4% in seasonally- and working-day adjusted terms in the first quarter, coming in... -
France: Inflation hits over one-year high in April Consumer prices increased 0.17% from the previous month in April, a smaller increase than March’s 0.60% rise, largely reflected lower...