The KOF economic barometer—a leading composite indicator for the Swiss economy— fell to 63.5 points in April from a revised...
Latest Global Economic News
-
Switzerland: KOF economic barometer plunges at historic rate in April -
Lithuania: Growth slumps to over three-year low in Q1 as Covid-19 begins to bite GDP rose 2.6% in year-on-year terms in Q1 2020, according to preliminary national accounts data released by Lithuania’s Statistical Institute... -
Euro Area: Eurogroup adopts rescue package against coronavirus crisis; remains divided on post-crisis stimulus On 9 April, Euro area finance ministers rolled out an emergency package aimed at cushioning the economic impact of the... -
Italy: Inflation at over 3-year low in April on falling energy prices Consumer prices inched up 0.1% month-on-month in April, matching March’s uptick, according to preliminary data released by the National Statistical... -
France: Sharpest contraction ever recorded in Q1; economy enters recession Economic activity shrank a seasonally-adjusted 5.8% quarter-on-quarter in Q1 2020, marking the sharpest contraction ever recorded, according to a first... -
France: Harmonized inflation falls to three-and-a-half-year low in April In April, consumer prices rose 0.1%, matching March’s result, according to a preliminary release by the Statistical Institute (INSEE). Higher... -
Italy: Economy shrinks at unprecedented pace in Q1 2020 In the first quarter of the year, Italy’s GDP tumbled 4.7% over the previous period in seasonally- and working-day adjusted... -
Spain: Covid-19 plunges economy into historic contraction in Q1 2020 The economy suffered its worst downturn in history in the first quarter, battered by the coronavirus pandemic and lockdown measures... -
Latvia: GDP contracts for the first time since 2010 in Q1 2020 The economy shrank 1.4% year-on-year in the first quarter of this year, according to preliminary national accounts data released by... -
Austria: Consumer sentiment plunges to over decade-low in April Consumer sentiment in Austria fell to its lowest level since May 2009 in April, with the consumer confidence index plummeting...