A second release showed that the economy contracted 10.5% on an annual basis in Q2, contrasting Q1’s 2.4% growth, as...
News Category: GDP
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Romania: GDP drops at record pace in Q2 amid Covid-19 fallout -
Euro Area: Third estimate confirms lockdowns struck unprecedented blow to Eurozone economy in Q2 According to a third estimate, the Eurozone economy shrank 11.8% in seasonally-adjusted quarter-on-quarter terms in Q2 (previously reported: -12.1% s.a.... -
Russia: GDP plunges in Q2 as Covid-19 hammers activity According to a second estimate released by Rosstat on 9 September, GDP plunged 8.0% year-on-year in the second quarter. Although... -
South Africa: GDP records largest drop on record in Q2 The economy plunged deeper into recession in the second quarter, with GDP nosediving 51.0% at a seasonally-adjusted annualized rate (SAAR).... -
Norway: Economic growth slows in July Economic output grew 1.1% over the prior month in July in seasonally-adjusted terms, slowing from the 3.1% expansion in June... -
Japan: Q2 GDP revised down marginally in second estimate According to comprehensive estimates, GDP contracted 28.1% in seasonally-adjusted annualized terms (SAAR) in the second quarter, below the 27.8% from... -
Ireland: GDP logs largest contraction on record in Q2 on Covid-19 containment measures The economy shrank at a record-breaking pace in the second quarter as the Covid-19 health crisis hammered activity. GDP plummeted... -
Turkey: Economy records sharpest contraction since Q1 2009 in the second quarter The economy contracted 9.9% on an annual basis in the second quarter, contrasting the first quarter’s 4.4% increase and marking... -
Bulgaria: GDP dives in Q2 as pandemic hits economic activity The economy contracted 8.5% in calendar-adjusted year-on-year terms in the second quarter, slightly greater than the 8.2% drop reported in... -
Slovakia: Economy contracts at record pace in Q2 amid Covid-19 fallout A second estimate confirmed that the economy shrank 12.1% on an annual basis in Q2, matching the preliminary release and...