The Getulio Vargas Foundation’s (FGV, Fundação Getúlio Vargas) industrial business confidence index came in at 104.2 in March, down from...
Latest Global Economic News
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Brazil: Business confidence records worst reading in seven months in March -
Brazil: Current account narrows deficit in February In February, Brazil’s current account posted a smaller deficit of USD 2.3 billion, compared to the USD 4.7 billion shortfall... -
Netherlands: Economy contracts marginally in the fourth quarter of 2020 A second reading of national accounts data confirmed the preliminary estimate of a 0.1% quarter-on-quarter contraction in the final quarter... -
Austria: Industrial output returns to growth in January Industrial output grew 2.4% month-on-month on a seasonally-adjusted basis in January, contrasting the 3.5% contraction recorded in December. The print... -
Czech Republic: CNB stands pat in March; suggests rates could remain at current low for longer than previously... At its 24 March meeting, the Board of the Czech National Bank (CNB) unanimously decided to keep the two-week repo... -
Argentina: Recovery carries over into Q4, albeit at a softer pace GDP contracted 4.3% year-on-year in the fourth quarter of last year, moderating from the 10.1% slump recorded in the third... -
Belgium: Consumer confidence rises sharply in March, business confidence moves close to neutral level The consumer confidence indicator produced by the National Bank of Belgium (NBB) came in at minus 4.0 in March, up... -
Switzerland: SNB maintains ultra-loose monetary policy in March At its meeting on 25 March, the Swiss National Bank (SNB) left its policy rate and the interest rate on... -
Mexico: Economic activity rises month-on-month in January, but still down sharply year-on-year The monthly indicator for economic activity (IGAE) grew 0.1% in month-on-month seasonally-adjusted terms in January, which was up from the... -
Ireland: Consumer confidence rises to a one-year high in March but remains pessimistic Consumer confidence rose to 77.1 in March, notably above February’s 70.8 and rising to a one-year high. Nonetheless, despite the...