The economy contracted 16.8% in the second quarter according to monthly economic activity (IMAE) data as domestic lockdown measures and...
News Category: GDP
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Dominican Republic: Economy plunges in Q2 overall, although contraction eases in May and June -
Belgium: GDP falls at unprecedented pace in Q2 According to a preliminary estimate, GDP plunged 12.2% on a seasonally-adjusted quarter-on-quarter basis in the second quarter, marking the worst... -
France: GDP records largest drop on record in Q2 The economy contracted at the sharpest rate on record in the second quarter as the pandemic and associated containment measures... -
Italy: GDP shrinks at historic pace in Q2, ravaged by Covid-19 The Italian economy contracted at the sharpest pace on record in the second quarter as unprecedented shutdowns closed businesses and... -
Euro Area: Lockdowns strike unprecedented blow to Eurozone economy in Q2 The Euro area economy collapsed at a record-breaking pace in the second quarter as severe shutdowns closed businesses and hammered... -
Czech Republic: GDP collapses at unprecedented clip in Q2 on Covid-19 hit The economy contracted at an unprecedented rate in the second quarter as the full brunt of Covid-19 related restrictions was... -
Latvia: Economy slips into recession as GDP shrinks at sharpest rate in over a decade in Q2 The economy fell into recession and shrank 9.8% year-on-year in the second quarter, according to preliminary national accounts data released... -
Spain: Economy contracts at another historic pace in Q2 on Covid-19 blow The economy contracted at yet another unprecedented pace in the second quarter as the Covid-19 outbreak and strict lockdown measures... -
Canada: Economic output rebounds in May, signaling a stabilization in activity The economy grew 4.5% month-on-month in May, contrasting April’s titanic 11.7% decrease and well above Statistics Canada’s preliminary estimate of... -
Germany: GDP contracts at record-steep pace in Q2 due to Covid-19 In the second quarter, the economy contracted at the steepest pace since at least 1970, when quarterly calculations were first...