Industrial output grew 0.1% in year-on-year terms in August, which is down from July’s 1.7% increase. The outturn marked the...
Latest Global Economic News
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Serbia: Industrial output growth softens in August -
Mexico: Banxico delivers third consecutive rate hike in September On 30 September, the Governing Board of the Bank of Mexico (Banxico) opted to hike the target for the overnight... -
Switzerland: KOF Economic Barometer falls in September The KOF Economic Barometer fell to 110.6 in September from August’s 113.5. September’s result marked the worst performance since February.... -
Italy: Inflation comes in at highest level in 9 years in September Consumer prices dropped 0.10% in September over the previous month, swinging from August’s 0.38% rise. September’s result marked the weakest... -
Korea: Business confidence deteriorates in October Business confidence among manufacturing firms fell to 93.0 in October from September’s 96.0. Consequently, the index remained below the 100-point... -
Ecuador: GDP rebounds in Q2 The economy bounced back in the second quarter, growing 8.4% in annual terms and contrasting the prior quarter’s 5.4% contraction.... -
Colombia: BanRep delivers first rate hike in September; begins normalization of policy At its 30 September meeting, the Board of Directors of Colombia’s Central Bank (BanRep) decided to hike the benchmark interest... -
Costa Rica: GDP growth accelerates to over 23-year high in Q2, partly on favorable base effect GDP rebounded at the quickest pace in over 23 years in the second quarter of 2021 (Q2: +9.4% yoy; Q1:... -
Dominican Republic: Central Bank keeps rates steady in September At its end-September meeting, the Central Bank (BCRD) decided to keep the policy rate at 3.00%. Although inflation remains above... -
Luxembourg: Recovery gains pace in annual terms, but underlying momentum loses steam in Q2 The economy expanded 11.8% year-on-year in the second quarter, accelerating from the first quarter’s 5.2% increase. The upturn was the...