In mid-March, the government announced a fiscal package to the tune of CZK 1.0 trillion (about EUR 36.3 billion) to...
Latest Global Economic News
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Czech Republic: Government introduces swath of measures to cushion coronavirus blow in March -
United States: Payrolls tank by largest extent since March 2009 in the wake of the coronavirus crisis U.S. employers cut 701,000 jobs in March, severely overshooting market expectations of a decline of 100,000 payrolls, and contrasting February’s... -
Turkey: Turkish lira plunges in April on coronavirus fears On 3 April, the Turkish lira traded at TRY 6.73 per USD. This marked a 9.3% depreciation from the same... -
Mexico: Consumer sentiment falls to over year-low in March Consumer confidence declined to its lowest point since November 2018 in March, with the seasonally-adjusted consumer confidence indicator published by... -
Luxembourg: Harmonized inflation slides in February Consumer prices fell 0.6% over the previous month in March, contrasting February’s 1.3% rise. The reading largely reflected lower prices... -
Malaysia: Merchandise exports rebound sharply in February Merchandise exports rebounded 10.5% in annual and USD terms in February from January’s 0.8% decline. In ringgit terms, exports jumped... -
Latvia: Industrial output edges up in February Industrial production rose 0.8% in annual working-day adjusted terms in February, after falling 4.5% in January, which had marked the... -
Cyprus: Inflation slips in March Consumer prices rose 0.1% from the previous month in March, following February’s 0.4% month-on-month increase. According to the Statistical Service... -
Chile: Economic activity picks up in February before imminent downturn in March In February, the IMACEC economic activity index grew 2.7% on an annual basis, up from January’s 1.1% increase. That said,... -
Egypt: Central Bank urgently acts to mitigate coronavirus risks At its scheduled monetary policy meeting on 2 April, the Central Bank of Egypt (CBE) left all interest rates unchanged,...