The economy contracted at a record-breaking pace in Q2 due to the suspension of non-essential activities during April and May...
Latest Global Economic News
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Mexico: GDP collapses at unprecedented rate in Q2 on Covid-19 fallout -
Norway: Total GDP logs largest fall on record in Q2 GDP declined at the steepest ever recorded rate in the second quarter, dropping 5.1% on a seasonally-adjusted quarter-on-quarter basis, according... -
Nigeria: Economy contracts heavily in Q2 on double pandemic and oil price blow The economy was dealt a severe blow by the oil price slump and Covid-19-induced restrictions in the second quarter. Economic... -
Peru: GDP records largest drop on record in Q2 amid coronavirus pandemic The economy contracted a record 30.2% on an annual basis in the second quarter, following the first quarter’s 3.5% decrease,... -
Chile: GDP contracts at record pace in Q2, ravaged by Covid-19 GDP contracted 14.1% year-on-year in the second quarter, contrasting the 0.2% expansion recorded in the first quarter and marking the... -
Japan: GDP records largest contraction on record in Q2 According to a preliminary estimate, GDP contracted a record 27.8% in seasonally-adjusted annualized terms (SAAR) in the second quarter, well... -
Thailand: Economy records sharpest contraction since 1998 in Q2 GDP declined at a more pronounced pace of 12.2% year-on-year in the second quarter, below the 2.0% contraction recorded in... -
Israel: GDP records largest fall on record in Q2, only mild recovery expected for Q3 GDP contracted at a quicker pace of 28.7% in seasonally-adjusted annualized terms (SAAR) in the second quarter, below the 6.8%... -
Romania: GDP contracts at record pace in Q2 on Covid-19 fallout The economy received a massive blow in the second quarter due to the constraining effects of the Covid-19 pandemic. According... -
Denmark: Economy contracts notably in Q2 According to the preliminary release, GDP dived 7.4% in the second quarter in seasonally-adjusted quarter-on-quarter terms (Q1: -2.0% s.a qoq),...