Economic activity plunged in the first quarter, with seasonally-adjusted annualized (SAAR) output contracting 8.2% (Q4 2019: +0.6% SAAR), but beat...
Latest Global Economic News
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Canada: GDP contracts at sharpest rate in 11 years in Q1 -
France: Sharpest contraction ever recorded in Q1; economy enters recession GDP shrank 5.3% on quarter-on-quarter seasonally-adjusted basis in the first quarter, down from Q4 2019’s 0.1% dip and marking the... -
Belgium: Economic activity slumps at record pace in Q1 GDP shrank 3.6% on quarter-on-quarter seasonally-adjusted basis in the first quarter, contrasting Q4 2019’s 0.5% expansion and marking the sharpest... -
Croatia: Industrial output falls at steepest rate in nearly eleven years in April Industrial output collapsed 11.0% year-on-year in working-day adjusted terms in April (March: -4.9% year-on-year), marking the worst downturn since June... -
Serbia: Industrial activity drops at sharpest rate since May 2009 in April Industrial output fell 16.6% in year-on-year terms in April, which followed March’s 0.1% decrease. April’s figure marked the worst reading... -
Croatia: Economy grows at softest pace in over five years in Q1 on initial Covid-19 effect Economic activity moderated in the first quarter on the initial impact from the Covid-19 pandemic, with GDP increasing just 0.4%... -
Brazil: GDP contracts at fastest pace in nearly five years in Q1 The economy shrank in the first quarter of 2020 as the shock from the Covid-19 pandemic and associated social distancing... -
India: Economic growth slumps in January–March Economic growth slowed in the first quarter of calendar year 2020 (the fourth quarter of fiscal year 2019), with GDP... -
Korea: Industrial output falls at sharpest rate since September 2018 in April Industrial production fell 4.5% year-on-year in April (March: +7.4% yoy). April’s figure marked the steepest contraction since September 2018. On... -
Korea: Forward-looking manufacturing business confidence ticks down in June The Bank of Korea’s forward-looking business confidence indicator for manufacturers decreased to 49 in June from 50 in May, marking...