GDP growth lost steam, falling to 7.7% year on year in the second quarter from 8.2% in the first quarter,...
Latest Global Economic News
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Uruguay: GDP growth moderates in Q2 -
Israel: Inflation recedes in August Inflation dropped to 4.6% in August, below July’s 5.2% and undershooting market expectations. The reading was driven by moderating price... -
Ecuador: Economic activity growth drops to over one-year low in July Economic activity growth softened further in annual terms in July, increasing 1.2% year on year (June: +4.3% yoy). July’s figure... -
Colombia: Manufacturing activity records lowest expansion since February 2021 in July Manufacturing output rose 5.2% year on year in July (June: +12.4% yoy). The result marked the worst reading since February... -
United States: Retail sales rebound in August Retail sales grew 0.3% in month-on-month seasonally-adjusted terms in August, which contrasted July’s 0.4% decrease and beat market expectations. Looking... -
Argentina: Inflation increases in August Consumer prices rose 6.97% in August over the previous month, which was below the 7.41% increase recorded in July. The... -
Kazakhstan: Industrial output falls at sharper pace in October Industrial output nosedived 6.2% year-on-year in October (September: -3.5% yoy). The notable plunge was largely driven by a sharper drop... -
China: House prices decline at sharpest annual pace in seven years in August House prices in 70 large- and medium-sized cities fell 0.3% month-on-month in August, according to a weighted average index calculated... -
Austria: Consumer confidence picks up but remains in negative territory in August Consumer confidence rose to minus 31.0 in August from July’s minus 33.0. However, the index remained entrenched in deeply pessimistic... -
Bulgaria: Inflation comes in at highest level since May 1998 in August Inflation came in at 17.7% in August, which was up from July’s 17.3%. August’s reading represented the highest inflation rate...