Industrial output slumped 2.3% year-on-year in March, contrasting the 4.9% expansion recorded in February, according to the Central Statistical Office...
Latest Global Economic News
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Poland: First contraction in industrial production in seven months due to Covid-19 in March -
Poland: Coronavirus strikes historic blow to consumers in March Nominal retail sales nosedived 7.1% year-on-year in March, logging the worst reading on record and sharply contrasting February’s panic-driven 9.6%... -
Turkey: Central Bank cuts policy rate by more than expected in April amid a more favorable inflation outlook The Central Bank delivered a larger-than-expected rate cut at its 22 April meeting, slashing the one-week repo rate by 100... -
France: Business confidence plummets to over one-decade low in April In April, the French Statistical Institute’s (INSEE) business climate indicator for the manufacturing sector fell to 82 in April from... -
Korea: Government provides additional stimulus to support job retention The recent slack in the labor market brought on by containment measures prompted the government to unleash another round of... -
Denmark: Consumer confidence in April falls to the lowest level since December 2008 The consumer confidence index released by Statistics Denmark plunged to minus 11.9 in April from 0.4 in March. Consequently, the... -
Canada: Inflation eases to the lowest level since May 2015 in March Consumer prices decreased 0.9% from a month earlier on a seasonally-adjusted basis in March, contrasting the 0.1% uptick in February.... -
South Africa: Inflation moderates in March Consumer prices rose 0.3% in March, slowing from February’s 1.0% increase. According to the Statistical Institute, the moderation reflected lower... -
Malaysia: Inflation stable in March Consumer prices fell 1.2% over the prior month in March, down from February’s flat reading. Plunging transport prices, and lower... -
Guatemala: Government announces fiscal bandage to curb Covid-19 fallout Over the course of late March and early April, Congress approved various fiscal aid packages tabled by the government to...