The Angolan kwanza continued to plummet against the U.S. dollar through much of April, as global oil prices collapsed and...
Latest Global Economic News
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Angola: Kwanza plunges to record low in April amid fallout from Covid-19 -
South Africa: Government unveils stimulus to contain the impact of Covid-19 amid a dire fiscal outlook On 21 April, President Cyril Ramaphosa announced measures to combat the economic impact of the Covid-19 pandemic totaling ZAR 500... -
Poland: Coronavirus crisis strikes historic blow to business sentiment in April Manufacturing-sector business confidence collapsed in April, sunk by the health and economic crisis unleashed by Covid-19 associated containment measures. According... -
Kazakhstan: Central Bank stands pat in second April meeting At an emergency meeting on 27 April, the National Bank of Kazakhstan left the base rate at 9.50% and the... -
Dominican Republic: Economy gains steam before Covid-19 arrives Economic activity grew 5.3% year-on-year in February, up from January’s 4.7% expansion and marking a robust pace of growth compared... -
Hungary: Economic sentiment plummets to over decade low in April The GKI economic sentiment index, a composite indicator, nosedived from minus 4.5 in March to minus 33.1 in April reflecting... -
Sweden: Riksbank leaves repo rate unchanged in April On 27 April, the Riksbank said it would continue purchasing government and mortgage bonds up to the end of September... -
Japan: BoJ takes more measures to buttress the economy At its monetary policy meeting ending on 27 April, the Bank of Japan (BoJ) loosened its monetary policy amid a... -
Austria: Industrial production falls in February Industrial production fell 2.4% month-on-month in February, swinging from January’s revised 4.7% increase (previously reported: +4.2% month-on-month). February’s fall came... -
United Kingdom: Inflation falls further below target in March Consumer prices were flat month-on-month in March, down from February’s 0.4% increase. March’s reading was driven by higher prices for...