A second GDP release published by Hungary’s Statistical Office on 29 May confirmed that growth, in annual terms, waned to...
Latest Global Economic News
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Hungary: Second reading confirms growth waned to over three-year low in Q1 -
Romania: NBR cuts rates in unscheduled meeting in May In an unscheduled meeting held on 29 May, the National Bank of Romania (NBR) cut the policy rate by 25... -
Colombia: Exports plunge to record low in April amid global shutdown Exports plummeted 52.3% over the same month last year in April, the worst decline on record as the coronavirus pandemic... -
Colombia: BanRep slashes policy rate to new record low On 29 May, Colombia’s Central Bank (BanRep) decided to cut the benchmark interest rate by 50 basis points to a... -
Argentina: Coronavirus blow to exports sharpens in April Exports nosedived 18.9% in year-on-year terms in April, following March’s marked 15.9% slump. The print was the result of plummeting... -
Netherlands: Business confidence ticks up but remains deeply pessimistic in May Business confidence improved somewhat in May but remained firmly entrenched in pessimistic territory, with the confidence index rising to minus... -
Italy: Lockdown sends business confidence to all-time low in May The National Institute of Statistics (Istat)’s composite business confidence indicator (Clima di Fiducia delle Imprese Italiane, IESE)—which covers the manufacturing,... -
Italy: Consumer confidence plunges to over six-year low in May The consumer confidence index released by the National Institute of Statistics (ISTAT) fell to 94.3 in May from March’s 100.1... -
Japan: Bank of Japan ramps up policy response to Covid-19 At its monetary policy meeting ending on 22 May, the Bank of Japan (BoJ) once again dramatically loosened its monetary... -
Denmark: Business confidence in the industrial sector retreats further in May, hints at weak fixed investment Business confidence among firms in the industrial sector fell from minus 22 points in April to minus 26 points in...