Merchandise exports contracted markedly in April, nosediving 50.8% in annual terms as the coronavirus pandemic halted the global economy. April’s...
Latest Global Economic News
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Philippines: Exports plummet over 50% in April -
Luxembourg: Harmonized consumer prices fall at sharpest pace on record in May Consumer prices fell a seasonally-adjusted 0.2% over the previous month in May, coming in below April’s 0.1% drop. May’s reading... -
Estonia: Annual consumer prices drop at the sharpest rate in over 10 years in May Consumer prices fell 0.67% from the previous month in May, following April’s softer 0.4% drop. The result was largely driven... -
China: Trade data deteriorates markedly in May In May, exports contracted 3.3% over the same month in the previous year, contrasting the 3.5% rise in April. The... -
Hungary: Industrial activity contracts at sharpest pace on record in April Industrial production nosedived 36.6% year-on-year in April (March: -10.0% yoy) according to a first estimate by the Statistical Institute. April’s... -
Spain: Industrial output contracts at sharpest pace on record in April on Covid-19 hit Industrial output collapsed 33.6% year-on-year in seasonally- and calendar-adjusted terms in April, after plummeting 13.7% in March. As a result,... -
Norway: Industrial production falls in April Industrial output fell 0.8% month-on-month in seasonally-adjusted terms in April (March: +1.4% mom). April’s deterioration was largely driven by a... -
Russia: Inflation eases in May Consumer prices increased 0.30% over the last month in May, slowing from April’s 0.80% uptick. May’s reading reflected broad-based, albeit... -
Argentina: Historic blow to industrial production in April amid lockdown Industrial production collapsed a record-low 33.5% year-on-year in April, according to data released by the National Statistical Institute (INDEC) on... -
Bulgaria: Economy defies coronavirus crisis and continues growing in Q1 The economy grew 2.4% in year-on-year calendar-adjusted terms in the first quarter of this year, matching the preliminary estimate and...