Industrial output soared 16.2% year-on-year in March (February: +4.0% yoy) benefiting from an extremely low base effect as March 2020...
Latest Global Economic News
-
Hungary: Industrial production jumps on low base effect in March -
Hungary: Inflation at over eight-year high in April Consumer prices jumped 0.80% from the previous month in April, following March’s 0.7% increase. April’s figure largely reflected soaring prices... -
Euro Area: Industrial production swings to expansion in March Industrial output inched up a seasonally-adjusted 0.1% over the previous month in March, contrasting February’s 1.2% decline. March’s increase reflected... -
United Kingdom: Industrial output expands at quickest pace since July 2020 in March Industrial output increased 1.8% month-on-month in seasonally-adjusted terms in March (February: +1.0% mom). March’s reading marked the strongest rise since... -
Russia: Merchandise exports jump in March Merchandise exports jumped 19.0% year-on-year in March (February: +2.0% year-on-year). March’s reading marked the strongest expansion since November 2018. Meanwhile,... -
United Kingdom: GDP records sharpest contraction since Q2 2020 in Q1 amid third lockdown GDP dropped 1.5% on a seasonally-adjusted quarter-on-quarter basis in the first quarter, contrasting the 1.3% expansion seen in the fourth... -
China: Credit conditions tighten in April In April, Chinese banks distributed CNY 1.5 trillion (roughly USD 230 billion) in new yuan loans, below market expectations and... -
India: Inflation declines to lowest level since January in April Consumer prices rose 0.70% from the previous month in April, accelerating from the 0.13% increase logged in March. April’s result... -
United States: Inflation rises to in at highest level since September 2008 in April Consumer prices rose a seasonally-adjusted 0.77% in April over the previous month, picking up from March’s 0.62% rise. April’s figure... -
Romania: Industrial output records quickest growth since December 2017 in March Industrial production rose 13.0% year-on-year in March (February: -1.7% yoy). The print marked the best result since December 2017, but...