The economy contracted at yet another unprecedented pace in the second quarter as the Covid-19 outbreak and strict lockdown measures...
News Category: GDP
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Spain: Economy contracts at another historic pace in Q2 on Covid-19 blow -
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... -
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... -
Mexico: GDP contracts at record pace in Q2 as Covid-19 ravages activity According to a preliminary reading, GDP collapsed 18.9% year-on-year in the second quarter, more severely than the 1.4% contraction tallied... -
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... -
Austria: GDP contracts in Q2 at sharpest rate since WW2 due to Covid-19 GDP contracted 10.7% on a seasonally-adjusted quarter-on-quarter basis in the second quarter, deteriorating from the first quarter’s 2.4% contraction. Q2’s... -
Lithuania: GDP falls in Q2 for the first time in over a decade GDP plunged 3.7% year-on-year in the second quarter, contrasting the first quarter’s 2.4% expansion and marking the sharpest contraction since... -
Hong Kong: GDP plunges at sharpest rate on record in Q2 The economy contracted 9.0% in year-on-year seasonally-adjusted (yoysa) terms in the second quarter, resulting in the second fastest contraction since... -
Taiwan: Economy records sharpest contraction in over a decade in Q2 According to a preliminary reading, GDP dropped 0.6% year-on-year in the second quarter, contrasting the 2.2% expansion tallied in the...