GDP collapsed 11.9% year-on-year in the second quarter, contrasting the 0.9% growth in the first quarter and marking the worst...
Latest Global Economic News
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Cyprus: Economy contracts at record pace in Q2 -
Belgium: Economy enters recession in Q2 GDP shrank 12.1% on a seasonally-adjusted quarter-on-quarter basis in Q2, following Q1’s 3.5% decline and marking the sharpest contraction on... -
India: GDP records largest drop on record in Q2 Economic output plummeted 23.9% year-on-year in the second quarter of CY 2020 (FY Q1 2020), contrasting the 3.1% expansion seen... -
Korea: Industrial activity deteriorates in July Industrial output decreased 2.5% year-on-year in July, after dropping 0.5% in June, according to the latest release from the National... -
Serbia: Industrial output growth dips in July Industrial production increased 0.4% year-on-year in July (June: +2.6% yoy). The reading was driven by a drop in manufacturing production.... -
Japan: Industrial output growth skyrockets in July Industrial production expanded 8.0% month-on-month in seasonally-adjusted terms in July (June: +1.9% mom). July’s reading marked the best result since... -
Colombia: Exports plunge again in July On an annual basis, merchandise exports contracted 21.7% in July, less severely compared to last month (June: -26.4% yoy). As... -
Serbia: GDP records sharpest contraction since Q3 1999 in the second quarter The economy received a notable blow in the second quarter from Covid-19 and related containment measures, with GDP contracting 6.4%... -
Poland: Economy shrinks at record pace in Q2 A second reading confirmed that GDP fell at a record-breaking pace of 8.2% year-on-year in the second quarter, contrasting the... -
Spain: Current account surplus declines markedly in June Spain’s current account balance recorded a surplus of EUR 2.0 billion in June, markedly below the EUR 3.8 billion surplus...