Industrial production dropped 16.4% month-on-month in seasonally-adjusted terms in April (March: -0.1% month-on-month). April’s reading marked the steepest drop since...
Latest Global Economic News
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Sweden: Industrial activity contracts at sharpest pace on record in April -
Euro Area: ECB ramps up quantitative easing at June meeting On 4 June, the European Central Bank (ECB) stepped up its efforts to shore up the economy from the fallout... -
Malaysia: Merchandise exports contract at the quickest pace in over a decade in April Merchandise exports plunged 27.8% in annual USD terms in April, down from March’s 8.9% fall and marking the sharpest drop... -
Thailand: Consumer prices post greatest drop in over a decade in May Consumer prices rose 0.01% over the last month in May, swinging from April’s 2.03% fall. Looking at the details of... -
Greece: Economy shrinks in first quarter on initial Covid-19 impact GDP shrank 0.9% year-on-year in the first quarter as the Covid-19 outbreak and restrictions to curb its spread started to... -
Ukraine: Ukraine reaches staff-level agreement with the IMF in May On 21 May, the IMF announced a staff-level agreement for an 18-month USD 5.0 billion loan to Ukraine under a... -
Peru: Exports fall at record pace pushing trade deficit to over six-year high in April Merchandise exports nosedived 56.4% over the same month last year in April (March: -29.6% year-on-year), marking the worst reading on... -
Switzerland: Consumer prices post greatest drop since January 2016 in May Consumer prices ticked up 0.04% from the previous month in May, swinging from April’s 0.36% fall. The rebound was broad-based... -
Peru: Business sentiment ticks up in May, remains deeply pessimistic Business confidence edged up in May to 14.0, pulling away from April’s record low of 9.1 points as firms reacted... -
Cyprus: Consumer prices fall again year-on-year in May Consumer prices fell 0.1% from the previous month in May, following April’s 1.5% drop. May’s dip was mainly driven by...