Economic output grew 1.9% over the prior month in May in seasonally-adjusted terms, contrasting the 3.8% contraction in April and...
News Category: GDP
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Norway: Economic output returns to growth in May -
Russia: Third estimate confirms slowdown in growth in Q1; recession expected A third estimate of national accounts data released by Rosstat on 3 July confirmed that growth moderated to 1.6% year-on-year... -
Chile: Copper prices jump to five-month high in June Average copper prices rose in June on the back of upbeat demand from China and supply-side concerns in large producing... -
Spain: Second estimate confirms economy contracted at historic pace in Q1 A second GDP estimate released by the National Statistics Institute (INE) on 30 June confirmed that the economy suffered its... -
Costa Rica: GDP grows at softest pace since Q2 2019 GDP expanded 0.6% year-on-year in the first quarter of 2020 (Q4 2019: +3.2 yoy), marking the softest growth rate since... -
South Africa: Economy sinks deeper into recession in Q1 The economy slid deeper into recession in the first quarter, contracting 2.0% over the previous quarter at a seasonally-adjusted annualized... -
UAE: Economy contracts in Q1 2020 on non-oil sector downturn According to preliminary data released by the Central Bank of UAE (CBUAE), GDP fell 1.0% in year-on-year terms in the... -
Kenya: GDP growth slumps to over two-year low in Q1 GDP growth slowed to 4.9% year-on-year in the first quarter, down from 5.5% in the fourth quarter of last year,... -
Saudi Arabia: GDP contracts in Q1 at the sharpest pace in over two years The economy contracted for the third consecutive quarter in Q1 and at the sharpest pace since December 2017 as a... -
Canada: Economic output plummets at the sharpest pace on record in April The economy contracted 11.6% month-on-month in April, sharper than March’s 7.5% decrease and slightly worse than Statistics Canada’s preliminary estimate...