Industrial production fell 9.6% year-on-year in May (April: -5.1% yoy). May’s figure marked the steepest contraction in over a decade....
Latest Global Economic News
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Korea: Industrial output falls at sharpest rate since March 2009 in May -
Canada: Economic output plummets at the sharpest pace on record in April The economy contracted 11.6% month-on-month in April, sharper than March’s 7.5% decrease and slightly worse than Statistics Canada’s preliminary estimate... -
Ecuador: GDP contracts in Q1 at sharpest pace in four years The economy contracted 2.4% on an annual basis in the first quarter, which followed the fourth quarter’s 1.0% decrease, as... -
Slovenia: Annual consumer prices fall at a softer pace in June Consumer prices increased 1.29% in June over the last month, accelerating from May’s 0.87% rise. June’s figure marked the sharpest... -
Colombia: Exports record another plunge in May amid global shutdown Exports plummeted 40.3% over the same month last year in May, marking one of the worst declines on record as... -
Colombia: BanRep chops policy rate to new record low On 30 June, Colombia’s Central Bank (BanRep) decided to cut the benchmark interest rate by 25 basis points to a... -
United States: Consumer confidence recovers notably in June The Conference Board’s consumer confidence index increased to 98.1 in June from 85.9 in May. Nevertheless, the index was slightly... -
United States: GDP contracts at historic rate in Q2 The economy declined at the sharpest rate on record in the second quarter as the pandemic and measures to contain... -
Denmark: Business confidence among manufacturing firms improves in June Business confidence among firms in the manufacturing sector rose to minus 16 in June from May’s minus 26 on the... -
Argentina: Economic activity contracts at sharpest pace on record in April Economic activity decreased 26.4% year-on-year in April (March: -11.5% yoy). April’s reading marked the worst reading on record. In terms...