At the end of March, the Russian government announced a RUB 1.3 trillion (approximately USD 18.3 billion) economic support package...
Latest Global Economic News
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Russia: Government favors relatively moderate fiscal stimulus measures despite increasing Covid-19 fallout -
Romania: Leu slides to all-time low in March on coronavirus fears The Romanian leu (RON) lost ground against the euro over the past month and hit an all-time low of 4.86... -
Hungary: Forint hits fresh record low in April The Hungarian forint (HUF) nosedived against the euro over the past month and hit an all-time low of HUF 365... -
Czech Republic: Koruna plunges in March on Central Bank rate cuts and coronavirus fears The Czech koruna plummeted against the euro in recent weeks amid the Central Bank’s aggressive policy easing and sharp risk-off... -
Czech Republic: Industrial output contracts for ninth consecutive month in February before coronavirus’ hit Industrial production dipped 0.9% year-on-year in working-day adjusted terms in February, which followed the 1.3% drop recorded in January and... -
Guatemala: Inflation rises in March but remains below target Consumer prices rose 0.48% month-on-month in March, contrasting the 0.40% drop in February. The print was driven by a notable... -
Russia: Inflation rises for the first time in a year in March In March, consumer prices rose 0.6% over the previous month, accelerating from February’s 0.3% rise and marking the highest increase... -
Japan: Consumer confidence collapses in March The consumer confidence index fell to 30.9 in March from 38.4 in February, marking the lowest reading since the Global... -
Ireland: Manufacturing output falls in February According to preliminary data, the manufacturing production index declined 1.1% in February in seasonally-adjusted, month-on-month terms, contrasting a revised 5.9%... -
Israel: Bank of Israel cuts rates and introduces extra monetary easing measures in April At its 6 April meeting, the Bank of Israel (BoI) cut its policy rate from 0.25% to 0.10%, announced a...