According to a preliminary reading, economic activity rebounded in the first quarter. GDP increased 1.8% year-on-year, contrasting the 1.2% contraction...
Latest Global Economic News
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Korea: Economy records quickest growth since Q4 2019 in Q1, reaching pre-pandemic levels -
United States: Home price growth picks up in February The S&P/Case-Shiller 20-city composite home price index increased 1.2% month-on-month in February, after January’s 0.9% rise. When adjusted for seasonal... -
United States: Consumer confidence jumps to the highest level since February 2020 in April Consumer confidence came in at 121.7 in April, up from March’s 109.0. As a result, the index increased further above... -
Sweden: Riksbank keeps monetary policy unchanged at April meeting At its meeting on 27 April, the Riksbank kept its monetary policy unchanged, maintaining its key repo rate at 0.00%... -
Italy: Business sentiment hits over one-year high in April The National Institute of Statistics (Istat)’s composite business confidence indicator (Clima di Fiducia delle Imprese Italiane, IESE)—which covers the manufacturing,... -
Italy: Consumer confidence rises to seven-month high in April Consumer confidence came in at 102.3 in April, which was up from March’s 100.9 and marked the best reading since... -
Japan: Bank of Japan holds policy steady at April meeting; upgrades 2021 growth outlook At its meeting ending on 27 April, the Bank of Japan (BoJ) left its monetary policy unchanged, as widely expected... -
Brazil: Business confidence rises but remains pessimistic in April The Getulio Vargas Foundation’s (Fundação Getúlio Vargas) industrial business confidence index came in at 97.4 in April, up from March’s... -
Mexico: Merchandise exports increase in March Merchandise exports soared 12.2% over the same month last year in March, on the heels of February’s 1.1% fall. March’s... -
Czech Republic: Economic sentiment at highest level since the beginning of the pandemic in April The economic sentiment indicator, published by the Czech Statistical Office (CSO), jumped to 94.7 in April from 87.0 in March,...