Business & Finance - Statistics

Coronavirus sinks U.S. consumer spending; savings hit record high

Coronavirus sinks U.S. consumer spending; savings hit record high

Together with the news that monthly exports collapsed, the report left economists anticipating the largest contraction in gross domestic product in the second quarter...

Japan’s jobless rate rises to 2.6% in April: government

Japan’s jobless rate rises to 2.6% in April: government

The seasonally adjusted unemployment rate was 2.6% in April, up from 2.5% in March, figures from the Ministry of Internal Affairs and Communications showed. TOKYO:...

India’s economy seen slowing rapidly in March quarter, with worse to come

India’s economy seen slowing rapidly in March quarter, with worse to come

Economists expect the fiscal year that began in April will see the worst economic contraction in four decades. NEW DELHI: Gross domestic product data out...

Japan’s factory, retail sectors slump as pandemic hits auto sector

Japan’s factory, retail sectors slump as pandemic hits auto sector

That was a much larger decline than the 5.1% drop in a Reuters forecast. TOKYO: Japan’s factory output slid faster-than-expected and retail sales tumbled the...

Slump in consumption, exports push Germany into recession in first quarter

Slump in consumption, exports push Germany into recession in first quarter

The Federal Statistics Office said capital investments fell by 6.9%, private consumption by 3.2% and exports by 3.1% between January and March compared with...

Tesla’s China car registrations plunge 64% month-on-month in April

Tesla’s China car registrations plunge 64% month-on-month in April

Tesla’s China registrations, including imported cars, fell to 4,633 units from 12,709 units in March. U.S. electric vehicle maker Tesla Inc’s China car registrations slumped...

Japan braces for worst postwar slump as economy tips into recession

Japan braces for worst postwar slump as economy tips into recession

Analysts warn of an even bleaker picture for the current quarter as consumption crumbled after the government in April requested citizens to stay home...

US reports record $738 billion budget deficit in April

US reports record $738 billion budget deficit in April

The fiscal year-to-date deficit surged to $1.48 trillion compared to a $531 billion deficit in the comparable period in 2019. WASHINGTON:  The United States on...

China’s factory deflation deepens as pandemic hits demand

China’s factory deflation deepens as pandemic hits demand

Data released last week showed China’s exports unexpectedly grew in April from a year earlier, although a sharper-than-expected decline in imports signalled weak domestic...

Coronavirus pandemic sets Japan on course for deep recession

Coronavirus pandemic sets Japan on course for deep recession

Household spending slumped 6.0% in March from a year earlier following a 0.3% fall in February, marking the biggest drop in five years, government...

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