The economy dipped in the first quarter as disruptions from the Taal Volcano eruption in January, the Covid-19 pandemic and...
Latest Global Economic News
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Philippines: Economy contracts for first time since 1998 in Q1 -
Netherlands: Economy shrinks at quickest rate in over a decade in Q1 2020 The economy contracted in the first quarter as the Covid-19 pandemic extinguished domestic and foreign demand in March, and worse... -
Angola: Central Bank keeps rates unchanged but boosts liquidity The Monetary Policy Committee of the National Bank of Angola (BNA) moved forward its scheduled meeting by 20 days to... -
Australia: Retail sales skyrocket on panic buying in March Revised data shows nominal retail sales in March surged 8.5% over the past month in seasonally-adjusted terms, the fastest pace... -
New Zealand: Unemployment rises moderately ahead of Covid-19 lockdown in Q1 The seasonally-adjusted unemployment rate rose to 4.2% in Q1 from 4.0% in the previous quarter. The reading was slightly below... -
Uruguay: Inflation at almost four-year high in April Consumer prices jumped 2.0% from a month earlier in April, accelerating further from the 1.3% increase recorded in March. A... -
Poland: Inflation drops on plunging energy prices in April Consumer prices remained unchanged over the previous month in April, following March’s 0.2% uptick, according to provisional data released by... -
Taiwan: Consumer prices dragged lower in April Consumer prices decreased 0.20% in April compared with the previous month, following March’s 0.45% dip. The fall was spearheaded by... -
Chile: Central Bank leaves monetary policy rate at technical minimum in May At its monetary policy meeting on 6 May, the board of the Central Bank of Chile (BCCh) left the monetary... -
Brazil: COPOM cuts key interest rate further in May; suggests one more cut on the horizon At its 5–6 May meeting, the Central Bank of Brazil’s Monetary Policy Committee (COPOM) unanimously voted to cut the benchmark...