Consumer prices dropped 0.3% in April over the prior month, swinging from the 0.4% rise recorded in March. April’s result...
Latest Global Economic News
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Israel: Consumer prices register greatest fall since July 2017 in April -
Ukraine: GDP contracts in Q1 2020 on Covid-19 fallout A preliminary release revealed the economy contracted 1.5% year-on-year in Q1, contrasting Q4 2019’s 1.5% expansion. Although a comprehensive release... -
Kazakhstan: Industrial output speeds up in April Industrial output rose 6.2% year-on-year in April (March: +5.9% yoy). Strong growth in the mining sector drove the uptick, while... -
Russia: Trade surplus shrinks as exports dive in March Merchandise exports plunged 20.0% year-on-year and totaled USD 29.6 in March (February: -19.1% yoy). March’s result marked the sharpest contraction... -
Germany: Harmonized inflation eases in April Harmonized consumer prices rose 0.4% month-on-month in April, up from March’s 0.1% increase. The print was driven by notable upticks... -
Euro Area: Industrial production collapses at an unprecedented pace in April due to lockdown measures Industrial output collapsed a seasonally-adjusted 17.1% over the previous month in April, following March’s 11.9% contraction and marking the sharpest... -
Australia: Successful containment strategy props up consumer sentiment in May The Westpac-Melbourne Institute consumer sentiment index jumped to 88.1 in May from 75.6 in April, consequently recovering from the index’s... -
Australia: Shutdowns lead to sharpest plunge in jobs on record in April Seasonally-adjusted employment nosedived by 594,300 in April, following a revised 700 job addition in March (previously reported: +5,900). April’s result... -
Colombia: Industrial output drops at sharpest rate in 7 years in March Industrial output in the manufacturing sector plummeted 8.9% year-on-year in March (February: +4.5% yoy), marking the steepest fall since March... -
Turkey: Industrial activity falls at sharpest rate since August in March Industrial production decreased 2.0% year-on-year in March (February: +8.5% yoy; previously reported: +7.5% yoy). March’s result marked the worst reading...