Stay Updated with News from FocusEconomics
FocusEconomics' team of economists compiles and analyzes macroeconomic forecasts for more than 130 countries to provide the news and analysis companies need to make the right business decisions. All of this information is searchable and can be sorted by Date, Country, Region, Sector and Indicator displayed on the right.
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Egypt: Egypt PMI rebounds in May but remains in contraction territory
June 3, 2020
Egypt’s Purchasing Managers’ Index (PMI), which measures business activity in the non-oil private sector, rebounded to 40.7 in May from 29.7 in April, which had marked the lowest reading since the current survey began in April 2011 and reflected the effects of Egypt’s first full month with new social distancing measures in place aimed at reducing the spread of coronavirus.
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Australia: Combination of bushfires, drought and Covid-19 hits the economy hard in Q1
June 3, 2020
A severe bushfire season coupled with a prolonged drought and lockdown measures to combat the coronavirus pandemic hit the economy hard in the first quarter of the year.
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Ghana: PMI rises in May but remains in contractionary territory
June 3, 2020
Business conditions in Ghana’s private sector deteriorated in May, albeit at a softer pace compared to April.
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Euro Area: Unemployment rate rises modestly in April amid massive short-time work schemes and as people held off searching for jobs
June 3, 2020
Labor market conditions in the common currency bloc worsened sharply in April, the second month when COVID-19 containment measures were extensively imposed, although data released by Eurostat shows just a small portion of the deterioration.
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Mexico: Remittances fall in April as Covid-19 hammers U.S. labor market
June 2, 2020
Remittances totaled USD 2.9 billion in April (March: EUR 4.0 billion), representing a 2.6% drop from the same month a year ago—the largest in over four years—and contrasting the 35.8% surge logged in March as workers rushed to send cash home ahead of deteriorating conditions in the U.S. S.
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Netherlands: Manufacturing operating conditions continue to deteriorate in May
June 2, 2020
Business conditions in the Dutch manufacturing sector deteriorated again in May, with the NEVI Manufacturing Purchasing Managers’ Index (PMI) dropping from 41.3 in April to 40.5.
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Ireland: Manufacturing PMI rises in May
June 2, 2020
The AIB manufacturing Purchasing Managers’ Index (PMI) rose from its over one-decade low of 36.0 in April to 39.2 in May.
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