Consumer confidence rose to 86.5 in August from July’s 84.9. Consequently, the index was still below the 100-threshold, signaling that...
Latest Global Economic News
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Ireland: Consumer confidence picks up but remains pessimistic in August -
Germany: Consumer sentiment expected to deteriorate in September The GfK consumer climate index is forecast to drop to minus 1.2 in September from minus 0.4 in August on... -
France: Business confidence rises to over three-year high in August Business confidence came in at 110 in August, marginally above 109 in July, marking the highest reading since June 2018.... -
Korea: BoK hikes base rate in August At its meeting on 26 August, the Bank of Korea (BoK) hiked the base rate by 25 basis points to... -
Hungary: MNB delivers third consecutive rate hike in August At its 24 August meeting, the Monetary Council of the Hungarian National Bank (MNB) decided to raise its base rate... -
Russia: Industrial output growth slows in August Industrial output increased 4.7% in year-on-year terms in August, which was a deterioration from July’s 7.2% increase. The result marked... -
Germany: Business confidence falls back to pessimistic territory in August The ifo Business Climate Index fell to 99.4 in August from 100.7 in July. Consequently, the index came in below... -
Turkey: Business confidence inches down but remains elevated in August Confidence levels among Turkish firms inched down from the over 14-year high of 114.8 in July to 113.9 in August.... -
Korea: Business confidence in the manufacturing sector improves but remains pessimistic in September Business confidence among manufacturing firms rose to 96.0 in September from August’s 92.0. As such, the index moved closer to... -
Mexico: Second estimate confirms the economy gained steam in Q2 According to a second reading, GDP bounced back, expanding 19.6% year-on-year in the second quarter, above the 3.6% contraction seen...