Nominal retail sales fell 0.5% month-on-month in seasonally-adjusted terms in February, falling from January’s upwardly revised 0.6% rise (previously reported:...
Latest Global Economic News
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United States: Retail sales fall sharply in February as covid-19 contagion stifles shopping -
Turkey: Central Bank cuts policy rate and introduces new liquidity measures in emergency meeting in March The Central Bank moved forward its scheduled meeting by two days to 17 March in response to the coronavirus outbreak.... -
Singapore: Non-oil exports recover in February, but outlook clouded by the coronavirus Singapore’s external sector recovered in February from a poor start to the year, with non-oil domestic exports (NODX) expanding 3.0%... -
Kenya: Inflation jumps to ten-month high February Consumer prices increased 1.38% over the previous month in February, up markedly from January’s 0.31% rise, and marking the fastest... -
Belarus: Industrial production edges down in February Industrial production fell 0.8% on an annual basis in February, following a marked 5.8% dip in the opening month of... -
United Kingdom: Employment surges in November–January, but good times unlikely to last The unemployment rate ticked up to 3.9% in November–January, although employment continued to soar, up by 184,000 quarter-on-quarter and beating... -
China: New yuan loans disappoint in February, while M2 growths jumps to two-year high In February, Chinese banks distributed CNY 906 billion (USD 130 billion) in new yuan loans. The reading came in well... -
Mexico: Peso sinks amid coronavirus fears and oil price plunge; Banxico in spotlight The Mexican peso plummeted against the U.S. dollar in the first half of March amid the collapse of international oil... -
China: Industrial production nosedives at the start of the year due to Covid-19 outbreak Industrial production plummeted 13.5% year-on-year in the first two months of the year, the sharpest contraction since records began in... -
China: Retail sales tumble in January-February as consumers stay at home In January-February, nominal retail sales tumbled 20.5% on an annual basis. The print was not only the sharpest decline on...