Write intro here Nominal retail sales declined at the sharpest rate in the series’ near three-decade history in April, falling...
Latest Global Economic News
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United States: Retail sales freefall at sharpest pace on record in April -
Germany: GDP contracts at quickest rate in over a decade in Q1 Covid-19 has left a deep mark on the German economy in the first quarter of the year, pushing the economy... -
France: Harmonized inflation falls to near four-year low in April In April, consumer prices were stable month-on-month, after March’s 0.1% increase, according to a second release by the Statistical Institute... -
China: Drop in nominal fixed investment continues to moderate in January-April Nominal urban fixed asset investment fell 10.3% in the first four months of the year compared to the same period... -
China: Retail sales drop for fourth month in a row in April Retail sales fell 7.5% year-on-year in April (March: -15.8% yoy). The print was below the 6.0% contraction that market analysts... -
Cyprus: GDP growth eases to five-year low in Q1 Activity softened markedly in the first quarter as Covid-19 started to bite, with GDP expanding 0.9% on an annual basis... -
Czech Republic: Economy contracts at sharpest pace in over a decade in Q1 on coronavirus woes The economy shrank 2.2% in year-on-year, seasonally-adjusted terms in the first quarter (Q4 2019: +2.0% year-on-year), according to a preliminary... -
Portugal: Economy logs worst contraction in history in Q1 amid Covid-19 blow According to preliminary estimates released by the country’s Statistical Institute (INE) on 15 May, economic activity plunged 3.9% in quarter-on-quarter,... -
India: Exports fall at the fastest pace in decades in April Merchandise exports fell 60.3% in year-on-year terms in April, after falling 34.6% in March, amounting to USD 10.4 billion. The... -
Brazil: Real hits fresh record low amid rising Covid-19 cases and heightened political tensions The Brazilian real lost further ground against the U.S. dollar in May as coronavirus-induced turmoil and political tensions weighed on...