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...
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Mexico: Economic activity stagnates at the turn of 2020 -
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... -
Venezuela: Economic depression set to deepen despite government measures to fight Covid-19 On 17 March, a nationwide quarantine was declared by the government to fight the Covid-19 health crisis. Under the restrictions,... -
United Kingdom: Inflation dips in February Consumer prices rose 0.4% month-on-month in February, contrasting January’s 0.3% decline. February’s reading was driven by higher prices for clothing... -
Korea: Government passes supplementary budget and proposes additional emergency spending to combat Covid-19 Policymakers have needed all hands on deck in recent weeks, as the global spread of Covid-19 has weighed heavily on... -
Austria: Industrial production rises sharply in January but outlook is uncertain At the start of the year, Austrian industrial production grew at a four-year high of 4.2% month-on-month, swinging from the...