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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Australia: RBA keeps rates at all-time low in June; maintains quantitative easing measures
June 2, 2020
At its monetary policy meeting on 2 June, the Reserve Bank of Australia (RBA) decided to keep the cash rate unchanged at an all-time low of 0.25%.
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Czech Republic: GDP falls at sharpest pace in over a decade in Q1 on partial Covid-19 blow
June 2, 2020
The economy contracted 2.0% on an annual basis in the first quarter (Q4 2019: +2.0% year-on-year) as the Covid-19 containment measures started to take their toll.
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Indonesia: Manufacturing conditions continue to deteriorate sharply in May
June 2, 2020
The manufacturing Purchasing Managers’ Index (PMI) released by IHS Markit ticked up from 27.5 in April to 28.6 in May.
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United Kingdom: Housing market loses steam in May
June 2, 2020
According to the Nationwide Building Society (NBS), house prices in the United Kingdom fell 1.7% month-on-month in May, contrasting April’s 0.9% increase.
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Indonesia: Inflation declines to nearly two-decade low in May
June 2, 2020
Consumer prices rose a seasonally-adjusted 0.07% in May over the previous month, which was below April's 0.08% increase.
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Korea: Second estimate confirms a sharp contraction in the first quarter
June 2, 2020
According to a second GDP release from the Bank of Korea, the economy contracted 1.3% in quarter-on-quarter seasonally-adjusted (qoqsa) terms in the first quarter, contrasting the 1.3% expansion in the final quarter of last year and slightly softer than the first estimate of a 1.4% decline.
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Turkey: Operating conditions continue to worsen in May, albeit at a milder pace
June 1, 2020
Business conditions in Turkey’s manufacturing sector continued to deteriorate in May, albeit at a softer pace compared to the prior month, with the Istanbul Chamber of Industry Turkey Purchasing Managers’ Index (PMI) rising to 40.9 from 33.4 in April.
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