The current account deficit grew to EUR 1.2 billion in March, from the EUR 0.5 billion shortfall recorded in both...
Latest Global Economic News
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Finland: Current account drops deeper into deficit in March -
Ghana: Inflation hits highest level since February 2018 Consumer prices increased a seasonally-adjusted 3.2% in April over the previous month, accelerating from March’s 0.80% rise. April’s result was... -
Belarus: Central Bank cuts refinancing rate to fresh record low in May At its 13 May meeting, the National Bank of the Republic of Belarus (NBRB) trimmed the refinancing rate by 75... -
Hungary: Second estimate confirms industrial activity decreases at fastest rate in over a decade in March According to a second estimate by the Statistical Institute, industrial production declined a working-day-adjusted 10.0% year-on-year in March (February: +1.5%... -
United Kingdom: Economy records sharpest contraction since 2008 in the first quarter GDP decreased 2.0% in the first quarter (Q4: 0.0% seasonally-adjusted quarter-on-quarter), marking the worst reading since Q4 2008. Private consumption... -
Vietnam: Central Bank cuts rates for second time this year in May On 13 May, the State Bank of Vietnam (SBV) reduced a host of interest rates, with the refinancing rate being... -
Belgium: Industrial production contracts at the fastest pace in over five years in March In March, industrial production contracted 2.8% on an annual- and seasonally-adjusted basis, contrasting a 2.4% expansion in February and marking... -
Romania: Inflation falls to over two-year low in April Consumer prices increased a seasonally-adjusted 0.26% from the previous month in April, below the 0.50% rise recorded in March. The... -
Israel: Exports and imports plummet in April Merchandise exports fell 25.6% in USD terms in April, coming after March’s 31.1% decline, while imports were down 26.3% (March:... -
India: Industrial output contracts at sharpest pace on record in March Industrial output collapsed 16.7% year-on-year in March, according to preliminary figures from Indian authorities, which was worse than market expectations...