Consumers turned notably more pessimistic in March, with the Fedesarrollo consumer confidence index plunging to minus 23.8 from minus 11.2...
Latest Global Economic News
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Colombia: Consumer confidence hits over three-year low in March -
Israel: Exports and imports plummet in March, trade deficit widens Merchandise exports fell 34.6% in USD terms in March, coming after February’s 4.7% decline, while imports were down 14.1% (February:... -
Poland: Government approves EUR 47 billion stimulus package to buttress economy against coronavirus blow On 30 March, Poland’s Parliament approved a PLN 212 billion (EUR 47 billion) stimulus package, including both wage support and... -
Russia: Consumer confidence edges up but remains entrenched in negative territory in Q1 The first-quarter consumer confidence index, published by the Federal Statistics Service (Rosstat) on 3 April, edged up to minus 11... -
Russia: Government favors relatively moderate fiscal stimulus measures despite increasing Covid-19 fallout At the end of March, the Russian government announced a RUB 1.3 trillion (approximately USD 18.3 billion) economic support package... -
Romania: Leu slides to all-time low in March on coronavirus fears The Romanian leu (RON) lost ground against the euro over the past month and hit an all-time low of 4.86... -
Hungary: Forint hits fresh record low in April The Hungarian forint (HUF) nosedived against the euro over the past month and hit an all-time low of HUF 365... -
Czech Republic: Koruna plunges in March on Central Bank rate cuts and coronavirus fears The Czech koruna plummeted against the euro in recent weeks amid the Central Bank’s aggressive policy easing and sharp risk-off... -
Czech Republic: Industrial output contracts for ninth consecutive month in February before coronavirus’ hit Industrial production dipped 0.9% year-on-year in working-day adjusted terms in February, which followed the 1.3% drop recorded in January and... -
Guatemala: Inflation rises in March but remains below target Consumer prices rose 0.48% month-on-month in March, contrasting the 0.40% drop in February. The print was driven by a notable...