China’s top leadership decided to scrap its traditional annual growth target for this year, the first time since it was...
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China: Leadership drops growth target for this year; announces bolder policy support -
South Africa: Rand rebounds in May The South African rand (ZAR) recovered some lost ground against the U.S. dollar over the past month, chiefly thanks to... -
Germany: Economy contracts in Q1 at sharpest pace since 2009 The economy shrank 2.2% quarter-on-quarter in the first quarter, thus entering a technical recession for the first time in seven... -
Germany: Business confidence rises in May but remains pessimistic Sentiment among German businesses recovered somewhat in May, but remained entrenched in pessimistic territory, as the ifo Business Climate index... -
Austria: Industrial production plummets in March amid Covid-19 fallout and lockdowns Industrial output plummeted 9.5% month-on-month in March, down from February’s revised 2.7% contraction (previously reported: -2.4% month-on-month). March’s print came... -
Czech Republic: Economic sentiment bounces back fractionally as Covid-19 containment measures are gradually lifted The economic sentiment indicator, published by the Czech Statistical Office (CSO), bounced back marginally in May from its unprecedented monthly... -
Mexico: Exports crumble at record pace in April on Covid-19 hit Exports collapsed 40.9% year-on-year in April as Covid-19 took its toll, following March’s 1.6% slip and marking the steepest fall... -
Belgium: Economic sentiment improves in May The consumer confidence indicator produced by the National Bank of Belgium (NBB) rose from minus 26 in April to minus... -
Poland: Business sentiment recovers some lost ground but remains abysmal in May Manufacturing-sector business confidence recovered some lost ground in May, although it remained deeply entrenched in pessimist terrain due to measures... -
Hungary: Economic sentiment improves in May amid easing of lockdown measures The GKI economic sentiment index, a composite indicator, rose to minus 28.1 in May from minus 33.1 in April, which...