In the first quarter of the year, the economy has been hard hit by the Covid-19 pandemic and subsequent containment...
Latest Global Economic News
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Austria: Economy hammered by Covid-19 in Q1, contracting at steep pace -
Switzerland: Retail sales tumble in March Retail sales fell at the sharpest rate in the series’ history in March, with calendar-adjusted real retail sales falling 5.6%... -
Canada: Economic output flatlines in February; preliminary estimate for March suggests a survey-record decline in activity The economy stalled month-on-month in February, which was down from the 0.2% increase in January and slightly below market expectations... -
Taiwan: Economic growth slumps to four-year low in Q1 as pandemic hampers domestic activity The economy grew 1.5% in Q1 2020 compared to the same period a year earlier, according to an advance GDP... -
Mexico: Economy contracts at steepest rate since 2009 global financial crisis in Q1 In the first quarter of 2020, the economy contracted for the fourth quarter in a row and at the steepest... -
Colombia: Exports hits four-year low in March Exports plummeted 28.5% in March over the same month a year earlier, following the 5.2% decline logged in February and... -
Slovenia: Year-on-year consumer prices decline for the first time in almost three years in April Consumer prices fell 0.9% over the previous month in April, after decreasing 0.8% in March. The steeper decline largely reflected... -
Spain: Housing permits dip in February The Spanish Board of Architects approved 9,086 new construction permits in February, according to data published by the Ministry of... -
Japan: Consumer confidence plunges to record low in April The consumer confidence index fell to 21.6 in April from 30.9 in March, marking the lowest reading since the index... -
Japan: Industrial production remains weak in March Industrial production decreased 3.7% in March on a month-on-month and seasonally-adjusted basis, after falling 0.3% in February. This steeper decline...