In mid-March, the German government announced approximately EUR 1.1 trillion would be mobilized to combat the severe economic fallout of...
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Germany: Government announces unprecedented fiscal aid package to combat Covid-19 -
Chile: Copper prices fall to near four-year low in March In March, average copper prices fell to their lowest point since July 2016 as Covid-19 continued to rattle commodity markets.... -
Italy: Inflation at over 3-year low in March Consumer prices inched up 0.1% month-on-month in March, contrasting February’s 0.1% dip, according to preliminary data released by the National... -
New Zealand: Coronavirus fears torpedoes business confidence in March The ANZ bank business outlook indicator nosedived in March, hit by concerns over the outbreak of coronavirus. As a consequence,... -
Mexico: Remittances gather pace in February Remittances totaled USD 2.7 billion in February (January: USD 2.6 billion), representing a robust 10.5% increase from the same month... -
Kazakhstan: Inflation rises to near two-year high in March Consumer prices rose 0.9% month-on-month in March, edging down from February’s 0.6% print. Higher prices for food, goods and services... -
Belarus: Growth falls to three-year low in 2019 A second GDP estimate released by Belarus’ Statistical Institute (Belstat) confirmed that growth picked up mildly in the fourth quarter... -
Korea: Exports year-on-year tick down in March, despite hitting an 11-month high Merchandise exports decreased 0.2% year-on-year in March, contrasting the 4.3% rise recorded in February, totaling USD 46.9 billion in March... -
Russia: Second estimate confirms sturdier growth in Q4 2019 A detailed breakdown of fourth-quarter national accounts data released by Rosstat on 1 April, confirmed that the economy gained traction... -
Indonesia: Inflation stable in March at Bank Indonesia’s target Consumer prices increased 0.10% month-on-month in March, down from February’s 0.28% increase. March’s uptick was driven by higher prices for...