The economy contracted 3.9% quarter-on-quarter in seasonally-adjusted terms in the first quarter, markedly contrasting Q4 2019’s revised 0.5% expansion (previously...
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Belgium: Economy contracts at the fastest pace on record in Q1 2020 -
United States: Economy contracts at sharpest rate in over a decade in the first quarter The economy shrank at the sharpest rate since Q4 2008 in the first quarter as the pandemic and measures to... -
United States: Fed stresses commitment to deploying full arsenal to support ailing economy at April meeting At its 28–29 April meeting, the Federal Open Market Committee (FOMC) held the target range for the federal funds rate... -
Portugal: Industrial outputs plunges at sharpest rate in almost eight years in March Industrial production dived 7.2% in March over the same month of the previous year, contrasting the revised 0.9% rise in... -
Sweden: Economic sentiment slumps in April The economic tendency indicator slumped to 58.6 in April from a revised 92.5 in March (previously reported: 92.4), which is... -
Netherlands: Business confidence sinks to record low in April Covid-19 has evaporated business confidence in the Dutch manufacturing sector, with the confidence index falling to a historic low of... -
Denmark: Business sentiment in April plunges to the lowest level since current records began in 1985 Business confidence among firms in the industrial sector nosedived to minus 22 points in April from minus 7 points in... -
Kenya: Central Bank cuts rate to further cushion economy At its 29 April meeting, the Monetary Policy Committee (MPC) of Kenya’s Central Bank cut the Central Bank rate by... -
Guatemala: Banguat stands pat at its 29 April meeting The Monetary Board of the Bank of Guatemala (Banguat) held its fire at its 29 April meeting, keeping the key... -
Costa Rica: Central Bank leaves key interest rate unchanged in April At its monetary policy meeting on 29 April, the Central Bank of Costa Rica (BCCR) left the monetary policy rate...