Spain’s current account balance recorded a deficit of EUR 1.5 billion in April, contrasting the EUR 2.9 billion surplus recorded...
Latest Global Economic News
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Spain: Current account balance swings to sizeable deficit in April -
Spain: Second estimate confirms economy contracted at historic pace in Q1 A second GDP estimate released by the National Statistics Institute (INE) on 30 June confirmed that the economy suffered its... -
Italy: Pace of decline in annual prices stable in June Consumer prices inched up 0.1% month-on-month in June, contrasting May’s 0.2% dip, according to preliminary data released by the National... -
Euro Area: Inflation rises on easing restrictions in June Harmonized inflation rose to 0.3% in June from May’s nearly four-year low of 0.1%, according to a flash estimate released... -
Switzerland: Retail sales rebound in May Retail sales grew 6.6% in May in annual terms (April: -18.8% year-on-year). May’s print marked the best result since September... -
Switzerland: Economic sentiment picks up in June The KOF economic barometer—a leading composite indicator for the Swiss economy—rose to 59.4 points in June from the record low... -
France: Harmonized inflation slows in June In June, consumer prices edged down 0.1%, contrasting a 0.1% increase in May according to a preliminary release by the... -
Cyprus: Industrial output contracts at record pace in April on Covid-19 hit Industrial production collapsed 35.3% year-on-year in April (March: -11.1% yoy), marking the sharpest drop on record. Looking at the details... -
Portugal: Industrial output collapses again in May Industrial output collapsed 26.0% year-on-year in May, which followed the record-breaking 27.4% plunge in April. The downturn was primarily driven... -
Costa Rica: GDP grows at softest pace since Q2 2019 GDP expanded 0.6% year-on-year in the first quarter of 2020 (Q4 2019: +3.2 yoy), marking the softest growth rate since...