A second estimate released on 8 April by the Statistical Institute (INSSE) confirmed that the economy grew 4.1% in the...
Latest Global Economic News
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Romania: Economic growth down marginally in Q4 2018 -
Canada: Housing starts rebound in March Housing starts on a seasonally-adjusted annualized (SAAR) basis climbed to 192,527 units in March, according to the Canada Mortgage and... -
Taiwan: Exports post fifth consecutive contraction in March; orders suggest weakness will persist in Q2 Merchandise exports fell 4.4% in annual terms in March, logging the fifth consecutive decline following February’s 8.8% dip. This further... -
Israel: Bank of Israel leaves policy rate unchanged in April At its 8 April meeting, the Monetary Committee of the Bank of Israel (BoI) kept the interest rate unchanged at... -
Argentina: Peso falls to new all-time low in early April The Argentine peso depreciated in the last few weeks, despite the Central Bank’s tight monetary policy stance. On 5 April,... -
Peru: Consumer confidence plummets in March The consumer confidence indicator published by GfK tumbled to 94 in March from 104 in February, which had marked the... -
Spain: Industrial production slips in February Industrial production slipped 0.3% year-on-year in seasonally- and calendar-adjusted terms in February, contrasting January’s revised 2.7% increase (previously reported: +2.4%... -
Russia: Consumer confidence improves mildly in Q1 The consumer confidence index published by the Federal Statistics Service (Rosstat) rose to minus 16 points in the first quarter,... -
Germany: Industrial production rebounds in February, but manufacturing sector continues to remain limp Germany’s industrial sector rebounded in February with output growing 0.7% month-on-month, contrasting the revised flat reading in January (previously reported:... -
Peru: Trade surplus narrows further in February on dwindling exports Peru’s trade balance recorded a USD 326 million surplus in February, narrowing from January’s USD 449 million surplus and also...