GDP collapsed 11.9% year-on-year in the second quarter, contrasting the 0.9% growth in the first quarter and marking the worst...
Latest Global Economic News
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Cyprus: Economy contracts at record pace in Q2 -
Poland: Economy shrinks at record pace in Q2 A second reading confirmed that GDP fell at a record-breaking pace of 8.2% year-on-year in the second quarter, contrasting the... -
Canada: GDP records largest contraction on record in Q2 GDP declined at a quicker rate of 38.7% in seasonally-adjusted annualized terms (SAAR) in the second quarter, well below the... -
Finland: Economy records sharpest contraction in over a decade in Q2 GDP dived 4.5% in seasonally-adjusted quarter-on-quarter terms in Q2, worsening from Q1’s contraction of 1.9% and marking the third consecutive... -
France: Economy records largest decline on record in Q2 due to Covid-19 containment measures A second GDP release published by the Statistical Institute on 28 August confirmed that the economy nosedived a record 13.8%... -
Croatia: GDP contracts at record pace in Q2 The economy contracted at the sharpest rate on record in the second quarter owing to the Covid-19 outbreak and associated... -
Sweden: GDP records largest contraction on record in Q2 GDP contracted a record 8.3% in the second quarter on a seasonally-adjusted quarter-on-quarter basis (Q1: +0.8% s.a. qoq), worsening markedly... -
Switzerland: GDP records largest drop on record in Q2 GDP fell at a quicker pace in the second quarter, contracting a record 8.2% on a seasonally-adjusted quarter-on-quarter basis (Q1:... -
United States: Second estimate confirms GDP contracts at historic rate in Q2 The economy declined at the sharpest rate on record in the second quarter as the pandemic and measures to contain... -
Germany: Economy records sharpest contraction on record in Q2 GDP contracted at a sharp pace of 9.7% on a seasonally-adjusted quarter-on-quarter basis in the second quarter (previously reported: -10.1%...