The economy contracted 9.0% in year-on-year seasonally-adjusted (yoysa) terms in the second quarter, resulting in the second fastest contraction since...
Latest News
-
Hong Kong: GDP plunges at sharpest rate on record in Q2 -
Taiwan: Economy records sharpest contraction in over a decade in Q2 According to a preliminary reading, GDP dropped 0.6% year-on-year in the second quarter, contrasting the 2.2% expansion tallied in the... -
Korea: Economy contracts in Q2 at most dramatic pace in decades According to preliminary data released by the Bank of Korea, the economy contracted 3.3% in quarter-on-quarter seasonally-adjusted (qoqsa) terms in... -
Angola: Recession deepens in Q1 before full impact of Covid-19 was felt The economy remained in recession in the first quarter, and the downturn is expected to have intensified in the second... -
Guatemala: Economic momentum weakens markedly in Q1 Economic growth eased markedly in the three months ending in March, with GDP expanding a meager 0.7% year-on-year in the... -
Belarus: Economy enters recession in Q2 A preliminary estimate revealed the economy shrank 1.7% in the first half of the year. This followed a 0.2% contraction... -
China: GDP bounces back in Q2 on gradual normalization and foreign demand for health products Economic activity rebounded in the second quarter after the coronavirus pandemic hammered the economy in the first quarter, led by... -
United Kingdom: Economy remains in the doldrums in May despite uptick from April GDP increased 1.8% month-on-month in seasonally-adjusted terms in May (April: -20.3% mom), supported by recoveries in industrial production and construction.... -
Singapore: Economy shrinks at fastest rate in over three decades in Q2 Activity nosedived in the second quarter according to an advanced estimate, pushing the economy into recession. In the three months... -
Norway: Economic output returns to growth in May Economic output grew 1.9% over the prior month in May in seasonally-adjusted terms, contrasting the 3.8% contraction in April and...