Economic activity declined 5.9% month-on-month in seasonally-adjusted terms in March (February: +0.4% mom) as social distancing measures implemented to contain...
Latest Global Economic News
-
Brazil: Economic activity contracts at sharpest pace on record in March -
China: Industrial output rebounds in April Industrial output grew 3.9% compared to the same month a year earlier in April, which contrasted March’s 1.1% decrease. April’s... -
Poland: Growth weakens to over-six year low in Q1 but surpasses expectations The economy grew 1.9% year-on-year (yoy) in the first quarter of this year, marking the weakest expansion since Q3 2013,... -
Euro Area: Lockdowns plunge Eurozone economy to series low in Q1 A second estimate confirmed that the Eurozone economy contracted sharply in the first quarter of this year, after marginally expanding... -
Argentina: Inflation falls to over one-year low in April amid lockdown Consumer prices rose 1.5% from the previous month in April, moderating from March’s 3.3% increase. April’s result marked the softest... -
Bulgaria: Economy defies coronavirus crisis and continues growing in Q1 The economy grew 2.4% year-on-year in the first quarter, down from Q4 2019’s 3.1% outturn but beating market expectations that... -
Italy: Inflation at over three-year low in April on falling energy prices Consumer prices rose 0.1% from the previous month in April, matching the 0.1% rise logged in March. Looking at the... -
Poland: Inflation recedes on plunging fuel prices in April Consumer prices dipped 0.1% over the previous month in April, contrasting March’s 0.2% increase. The reading largely reflected a slump... -
United States: Retail sales freefall at sharpest pace on record in April Write intro here Nominal retail sales declined at the sharpest rate in the series’ near three-decade history in April, falling... -
Germany: GDP contracts at quickest rate in over a decade in Q1 Covid-19 has left a deep mark on the German economy in the first quarter of the year, pushing the economy...