Economic activity in the fourth quarter fell 1.1% year-on-year, following Q3’s sharper 1.8% slump, according to the Statistical Institute (INDEC)....
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Argentina: Economy contracts again in Q4 2019 -
Sweden: Economic sentiment slumps to near seven-year low in March The economic tendency indicator fell to 92.4 in March from a revised 98.7 in February (previously reported: 99.1), representing a... -
Singapore: Economy contracts in Q1 2020 due to Covid-19 outbreak The economy contracted sharply in the first quarter of this year according to an advanced estimate. In the three months... -
Germany: Consumer confidence expected to recover in June but remain deeply pessimistic At the close of the second quarter, consumer confidence is forecast to recover somewhat although sentiment is expected to remain... -
Mexico: Economic activity stagnates at the turn of 2020 The monthly indicator for economic activity (IGAE) flatlined in seasonally-adjusted, month-on-month terms in January, down from December’s 0.1% uptick. January’s... -
United Kingdom: BoE slashes rates and boosts bond purchases to buttress economy In two emergency meetings in March, the BoE cut the Bank Rate from 0.75% to a record low of 0.10%,... -
Spain: Government unveils economic relief package to combat coronavirus crisis; outlook turns bleak In a bid to blunt the economic blow dealt by the country-wide lockdown imposed to contain the coronavirus crisis, on... -
France: Government deploys aid package to contain the impact of the heath crisis On 17 March, the government announced extraordinary stimulus plans to minimize the blow on companies and consumers from the partial... -
Czech Republic: CNB cuts rates for second time in less than two weeks in March At its meeting on 26 March, the board of the Czech National Bank (CNB) unanimously decided to slash the two-week... -
United States: Congress approves unprecedented USD 2 trillion coronavirus stimulus deal in March After days of heated negotiations, U.S. policymakers passed a historic stimulus package on 27 March amounting to roughly USD 2...