Harmonized inflation came in at 3.0% in July, above July’s 2.2% and marking the highest print since November 2011. Inflation...
Latest Global Economic News
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Euro Area: Inflation came in close to 10-year high in August -
Australia: Retail sales drop at sharper pace in seven months in July Retail sales fell 2.7% in month-on-month seasonally-adjusted terms in July, which followed June’s 1.8% decrease. July’s result marked the worst... -
Turkey: Inflation comes in at 28-month high in August Consumer prices rose at a softer pace of 1.12% in August, down from the 1.80% in July. The print reflected... -
Slovakia: GDP growth records best result since Q4 2007 in the second quarter A second reading confirmed 17 August’s flash estimate of 9.6% GDP growth year-on-year in the second quarter, up from 0.2%... -
Malaysia: Merchandise exports rise at a slower pace in July Merchandise exports jumped 6.5% year-on-year in USD terms in July (June: +32.1% yoy)—the slowest growth since November 2020. Similarly, exports... -
Latvia: Industrial output growth gains momentum in July Industrial output grew 8.4% in year-on-year terms in July, which was above June’s 7.6% increase. Looking at the details of... -
Hong Kong: Retail sales growth continues to slow in July Retail sales grew 0.9% year-on-year in July (June: +2.9% yoy). The outturn marked the worst reading since January. The reading... -
United States: Labor market conditions improve in August, but at a more moderate pace Total non-farm payrolls increased by 235,000 in August, following July’s 1,053,000 increase in payrolls. Employment gains occurred in transportation and... -
Mexico: Consumer confidence deteriorates in August Consumer confidence fell to 42.7 in August from July’s 43.9 amid spiking Covid-19 cases. This was a result of across-the-board... -
Spain: Current account surplus narrows in June Spain’s current account balance recorded a surplus of EUR 0.3 billion in June 2021, below the EUR 2.1 billion surplus...