Business confidence among firms in the industrial sector fell from minus 22 points in April to minus 26 points in...
Latest Global Economic News
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Denmark: Business confidence in the industrial sector retreats further in May, hints at weak fixed investment -
Sweden: Economic sentiment tentatively picks up in May The economic tendency indicator picked up to 64.1 in May from a revised 60.0 in April (previously reported: 58.6), which... -
Thailand: Manufacturing production drops at sharpest pace in eight-and-a-half years in April Manufacturing output fell 17.21% year-on-year in April (March: -10.5% year-on-year). April’s reading marked the steepest fall since October 2011. April’s... -
Cyprus: Industrial production falls at sharpest rate in over six years in March Industrial output plummeted 12.7% year-on-year in March (February: +3.8% yoy), marking the steepest drop since November 2013. March’s plunge was... -
Portugal: Consumer sentiment climbs, business sentiment worsens in May Consumer sentiment increased to minus 32.1 points in May from an over six-year low of minus 41.6 points in April... -
Spain: Housing permits plummet in March; housing prices tick up in Q1 The Spanish Board of Architects approved 5,956 new construction permits in March, according to data published by the Ministry of... -
Spain: Retail sales crash at sharpest pace on record in April Retail sales nosedived 31.5% year-on-year in April (March: -14.5% yoy) as stores were shut closed due to the nationwide lockdown.... -
Nigeria: Central Bank unexpectedly cuts rate to lowest in four years in May At its 28 May meeting, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) decided to slash... -
Sweden: Comprehensive data shows economy expanded meekly in Q1 The economy expanded 0.1% in the first quarter of 2020 in seasonally-adjusted terms, according to revised estimates, up from both... -
Korea: BOK chops rates to a fresh all-time low at the end of May, slashes economic forecast On 28 May, the Bank of Korea (BOK) voted to lower the base rate from 0.75% to 0.50%, as markets...