Housing starts fell to 268,631 units on a seasonally-adjusted annualized rate (SAAR) basis in April according to the Canada Mortgage...
Latest Global Economic News
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Canada: Housing starts ease notably in April, but remain upbeat nonetheless -
India: Merchandise exports growth hits a record high in April Merchandise exports increased a massive 195.7% in annual terms in April, on the heels of March’s 60.3% expansion. Meanwhile, merchandise... -
Denmark: Activity falls back to contraction in Q1 Economic activity swung back to contraction in the first quarter of 2021, according to a preliminary release, with GDP falling... -
Thailand: GDP records best result in a year in Q1 GDP contracted at a milder pace of 2.6% year-on-year in the first quarter, above the 4.2% contraction recorded in the... -
Italy: Inflation hits two-year high in April Consumer prices rose 0.39% from the previous month in April, picking up from the 0.29% increase recorded in March. The... -
Belarus: Industrial output notches best reading since March 2012 in April Industrial output grew 16.4% in year-on-year terms in April, significantly up from March’s 11.0% increase, amid a favorable base effect.... -
Bulgaria: Inflation comes in at highest level since March 2020 in April Consumer prices increased 0.70% in April over the previous month, accelerating from March’s 0.06% rise. April’s figure marked the sharpest... -
Russia: Pace of economic contraction softens in Q1 The economy contracted 1.0% year-on-year in the first quarter of 2021, according to a preliminary estimate released by Rosstat on... -
Philippines: Remittances rise in March Remittances totaled USD 2.5 billion in March, representing a 4.9% increase in annual terms, edging down from February’s 5.0% rise.... -
Chile: Consumer confidence deteriorates in April The Adimark GfK consumer confidence index dropped to 24.9 points in April, from 29.2 points in March, marking the weakest...