Industrial output decreased 4.9% year-on-year in March (February: -2.1% yoy). The sharp fall was driven by plunging mining and quarrying...
Latest Global Economic News
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Croatia: Industrial activity contracts for fifth consecutive month in March -
Dominican Republic: Central Bank keeps rates unchanged in April its end-April meeting, the Central Bank (BCRD) left its monetary stance unchanged, after substantial easing in March to combat the... -
Cyprus: Industrial output rebounds in February Industrial production rose 3.8% year-on-year in February, rebounding from January’s 1.6% fall which had marked the steepest drop since mid-2019.... -
Argentina: Contraction in economic activity sharpens in February The monthly indicator for economic activity (EMAE, Estimador Mensual de Actividad Económica) fell 2.2% year-on-year in February, after logging a... -
Australia: Inflation at over five-year high at 2020 outset, sits within the Central Bank’s target band In the first quarter of 2020, consumer prices rose 0.3% over the previous quarter following a 0.7% increase in the... -
Thailand: Manufacturing output drops for 11th-consecutive month in March Manufacturing output fell 11.3% year-on-year in March, down from the 5.2% contraction in the prior month and marking the 11th... -
Portugal: Consumer and business sentiment fall to over six-year lows in April Consumer sentiment plummeted to minus 41.6 points in April from minus 13.7 points in March, subsiding to the lowest level... -
Spain: Retail sales collapse in March due to Covid-19 shutdown Retail sales plummeted 14.3% year-on-year in March, contrasting the 5.5% jump logged in February and marking the steepest drop on... -
Belgium: Economy contracts at the fastest pace on record in Q1 2020 The economy contracted 3.9% quarter-on-quarter in seasonally-adjusted terms in the first quarter, markedly contrasting Q4 2019’s revised 0.5% expansion (previously... -
United States: Economy contracts at sharpest rate in over a decade in the first quarter The economy shrank at the sharpest rate since Q4 2008 in the first quarter as the pandemic and measures to...