Economy remains in a technical recession: The economy failed to escape the doldrums at the outset of 2025, with nationwide...
Latest Global Economic News
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Norway: Norway’s economy clocks third consecutive decline in Q1 -
Slovakia: GDP growth hits two-year low in Q1 Economic growth decelerates: According to a preliminary estimate, GDP growth unexpectedly lost momentum, falling to 0.9% year on year in... -
Slovenia: Economy records sharpest contraction since Covid-19 pandemic in Q1 GDP shrinks in Q1: GDP unexpectedly contracted 0.7% year on year in the first quarter (Q4 2024: +1.5% yoy), marking... -
Colombia: Consumer confidence index turns more pessimistic in April Latest reading: The consumer confidence index deteriorated to minus 8.6 in April, down from March’s minus 7.1 and dipping further... -
Nigeria: Nigerian oil production declines in April Latest reading: Brent crude oil prices averaged USD 66.93 per barrel in April, down 6.7% from March. On 30 April,... -
Saudi Arabia: Saudi Arabia oil production rises in April as OPEC+ begins hiking output Latest reading: Brent crude oil prices averaged USD 66.93 per barrel in April, down 6.7% from March. On 30 April,... -
Indonesia: Retail sales fall at sharpest pace since April 2024 in April Latest reading: Retail sales fell 2.2% in year-on-year terms in April, which contrasted March’s 5.5% increase. April’s figure marked the... -
Argentina: Merchandise exports increase in April Latest reading: Merchandise exports rose 2.3% annually in April, following March’s 2.3% increase. Higher agricultural and manufactured exports were partly... -
Belgium: Industrial output growth gains momentum in March Latest reading: Industrial output rose 1.7% in month-on-month seasonally adjusted terms in March, which was above February’s 1.4% increase. Looking... -
Hungary: Decline in industrial output softens in March Latest reading: According to a second estimate by the Statistical Institute, industrial output shrank 5.1% in seasonally and calendar-adjusted year-on-year...