According to a preliminary reading, economic activity continued to recover in the second quarter of 2021, beating market expectations. GDP...
Latest Global Economic News
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Hungary: Economy roars ahead in Q2, again beating market expectations -
United States: Retail sales deteriorate in July Retail sales fell 1.1% in month-on-month seasonally-adjusted terms in July, which contrasted June’s 0.7% increase. The reading reflected a broad-based... -
United Kingdom: The labor market continues to strengthen at the outset of Q3 According to the ONS, in April–June the unemployment rate registered 4.7%, down 0.2 percentage points from Q1. Experimental data for... -
Japan: Economy rebounds in the second quarter According to a preliminary reading, GDP increased 1.3% in seasonally-adjusted annualized terms (SAAR) in the second quarter, contrasting the 3.7%... -
Thailand: Economy records quickest expansion since Q4 2012 in Q2 GDP rebounded in the second quarter, rising 7.5% year-on-year and contrasting the 2.6% contraction logged in the first quarter. Q2’s... -
India: Merchandise exports accelerate slightly in July Merchandise exports soared 48.8% on an annual basis in July (June: +48.2% year-on-year). Meanwhile, merchandise imports increased 63.0% in annual... -
China: Retail sales disappoint in July Retail sales rose 8.5% year-on-year in July (June: +12.1% yoy). The result marked the worst reading since December 2020, and... -
China: Industrial output growth wanes in July Industrial production increased 6.4% year-on-year in July (June: +8.3% yoy). July’s figure marked the worst reading since August 2020 and... -
China: Nominal fixed investment records slowest expansion since December 2020 in July Nominal urban fixed asset investment expanded 10.3% in year-to-date terms in July (June: +12.6%). July’s outturn marked the worst reading... -
China: Housing market momentum ebbs further in July House prices in 70 large- and medium-sized cities increased 0.3% in July in month-on-month terms according to a weighted average...