The economy shrank 1.3% year-on-year in the first quarter of 2021, according to detailed national accounts data released on 31...
Latest Global Economic News
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Latvia: Contraction in GDP softens again in Q1 -
Estonia: Economy bounces back to growth in the first quarter of 2021 GDP rose 5.4% year-on-year in the first quarter of 2021, rebounding from the 1.2% drop logged in the prior quarter... -
Turkey: Economy grows at fastest rate in three years in the first quarter Economic growth soared in the opening quarter of the year, with GDP expanding 7.3% in annual terms—the fastest pace in... -
Serbia: Economy grows at much stronger pace than previously estimated in Q1 The economy performed better than previously estimated in the first quarter, with GDP expanding 1.7% year-on-year (previously reported: +1.2% yoy)... -
Japan: Industrial output growth picks up pace in April Industrial production grew 2.5% month-on-month in seasonally-adjusted terms in April, accelerating from March’s 1.7% increase. On an annual basis, industrial... -
Japan: Consumer sentiment falls further in May The consumer confidence survey fell to 34.1 in May, down from the 34.7 reading in April. As a result, the... -
Denmark: GDP falls back to contraction in Q1 Economic activity swung back into contraction in the first quarter of 2021, with GDP declining 1.3% in seasonally-adjusted quarter-on-quarter terms,... -
Belgium: Economy rebounds in the first quarter A second estimate confirmed that GDP rebounded on a seasonally-adjusted quarter-on-quarter basis in the first quarter, increasing 1.0% (previously reported:... -
Ghana: Central Bank cuts rates in May, surprising market analysts At its meeting on 19–21 May, the Monetary Policy Committee of the Bank of Ghana surprised market analysts by lowering... -
India: Economic growth records best result since Q1 2020 in Q1, but strong performance will not last Economic growth gained momentum in the first quarter of the calendar year 2021 (Q4 FY 2020), with GDP expanding 1.6%...