On 14 May, the government unveiled an NZD 50 billion (USD 30 billion) stimulus package, largely focused on supporting employment...
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New Zealand: Government approves massive budget stimulus to buttress economy ahead of September elections -
India: Government announces fourth lockdown extension and additional stimulus On 17 May, the government confirmed that the national lockdown, which has been in place since 25 March, would be... -
Turkey: Central Bank slashes its policy rate again in May The Central Bank once again cut the one-week repo rate at its 21 May meeting, this time by 50 basis... -
South Africa: SARB further cuts rate to new record low in May On 21 May, the Monetary Policy Committee (MPC) of the South African Reserve Bank (SARB) slashed its main lending rate... -
Japan: Exports fall at fastest pace in over a decade in April Yen-denominated merchandise exports dropped 21.9% year-on-year in April after falling 11.7% in March, largely due to lower machinery and transport... -
Hong Kong: Inflation falls to lowest level since the start of the year in April Inflation came in at 1.8% in April, below March’s 2.3%. April’s result represented the lowest inflation rate since January. The... -
Peru: GDP falls at sharpest rate in 19 years in Q1 Economic activity shrank 3.4% year-on-year in the first quarter of the year, the fastest contraction since Q1 2001, after expanding... -
Russia: Industrial output shrinks at sharpest rate in over a decade in May Industrial output shrank 6.6% year-on-year in April (March: +0.3% yoy). April’s result marked the sharpest contraction since October 2009 and... -
Guatemala: Economic activity contracts at steep pace in March Economic activity contracted 4.9% year-on-year in March, swinging from the 2.8% expansion logged in February and coming on the back... -
Nigeria: Inflation remains stable in April Consumer prices rose 1.02% over the previous month in April, picking up from the 0.84% increase seen in March. April’s...