In March, nominal retail sales tumbled 15.8% on an annual basis. The print represented only a small improvement compared to...
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China: Retail sales remain dire in March -
China: GDP contracts for first time on record in Q1 2020 as coronavirus disrupts economy Crippled by the fallout from the coronavirus pandemic, China’s economy logged its first GDP decline since at least 1992 in... -
Uruguay: Industrial production rebounds in February ahead of coronavirus blow Industrial production increased 1.0% in annual terms in February, contrasting January’s 3.0% contraction. Industrial output excluding refinery output dropped 1.3%... -
Uruguay: Central Bank intervenes to support credit and liquidity; lowers M1+ target At its monetary policy meeting on 16 April, the Central Bank of Uruguay decided to lower its target for the... -
Angola: Cabinda crude oil prices collapse in March; Angolan oil production remains subdued The average price of Angola’s Cabinda crude nosedived to an over four-year low of USD 33.1 per barrel (pb) in... -
Peru: Government unveils region’s largest stimulus package to combat coronavirus crisis The government announced a massive stimulus package worth up to 12% of GDP at the end of March, in a... -
Mexico: Government presents timid response against Covid-19 crisis, jeopardizing economic and credit rating outlook On 5 April, President Andrés Manuel López Obrador (AMLO) unveiled a set of policy measures to placate the economic fallout... -
Ecuador: Economic activity continues to fall in February In February, economic activity declined 0.7% over the same month of last year, according to the monthly economic activity indicator... -
Peru: Economic activity gains steam in February In February, economic activity grew 3.8% year-on-year, accelerating from January’s 3.0% outturn. In terms of industries, February’s expansion was underpinned... -
Guatemala: Growth in economic activity slows to over one-year low in February Growth in economic activity eased from January’s upwardly revised 4.3% (previously reported: +3.6% year-on-year) to 2.6% in February, an over...