In March, economic activity slumped 16.3% year-on-year, contrasting February’s 3.8% expansion and marking the first contraction in activity since July...
Latest Global Economic News
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Peru: Economic activity contracts for first time in over a decade in March -
Finland: Economic activity drops at sharpest rate in over seven years in March Economic activity fell 2.7% year-on-year in working-day adjusted terms in March, contrasting February’s revised 1.2% increase (previously reported: +1.0% year-on-year)... -
Hong Kong: GDP plunges at sharpest rate on record in Q1 The economy declined at the steepest pace since current records began in the first quarter, with GDP plunging 8.9% in... -
Croatia: Consumer prices fall year-on-year for the first time in over three years in April Consumer prices dropped 0.2% from the last month in April, contrasting March’s 0.2% rise. April’s fall was mainly driven by... -
Indonesia: Exports and imports plunge in April Exports declined 7.0% year-on-year in April (March: -0.4% year-on-year; previously reported: -0.2% yoy) on lower energy and non-energy exports. Imports... -
Ghana: Bank of Ghana stands pat in May amid greater upside risk to inflation At its 15 May meeting, which was brought forward from 22 May due to the Covid-19 crisis, the Monetary Policy... -
Slovakia: GDP contracts at fastest pace since Q4 2009 in Q1 According to a preliminary GDP estimate, the economy contracted in the first quarter, with GDP decreasing 3.9% (Q4: +2.1% year-on-year)... -
Philippines: Cash remittances lose steam in February Cash remittances from Overseas Filipino Workers (OFW) grew 2.5% year-on-year in February, totaling USD 2.4 billion. February’s reading was below... -
Hungary: Growth slows to over three-year low in Q1 According to a preliminary reading released by the Hungarian Central Statistics Office (KSH) on 15 May, economic activity lost steam... -
Romania: Growth records slowest expansion since Q2 2014 GDP growth moderated to 2.4% year-on-year in the first quarter from the 4.3% expansion tallied in the final quarter of...