GDP growth gained traction to 12.9% year-on-year in the second quarter, from 4.1% in the first quarter. Q2’s reading marked...
Latest Global Economic News
-
Estonia: GDP growth records best reading since Q4 1997 in Q2, partly supported by a favorable base effect -
Latvia: GDP expands at the swiftest pace in over 13 years in Q2 The economy surged 11.1% year-on-year in the second quarter of 2021, according to detailed national accounts data released on 31... -
Lithuania: GDP growth hits over 13-year high amid low base effect According to a second estimate released on 31 August, GDP rose 7.8% year-on-year in the second quarter of 2021, quickening... -
Dominican Republic: Central Bank keeps rates steady in August At its end-August meeting, the Central Bank (BCRD) decided to keep the policy rate at 3.00%. Although inflation remains above... -
Slovenia: Economy grows at fastest pace on record in Q2, returning to pre-pandemic levels GDP growth sped up to 16.3% year-on-year in the second quarter, from 1.7% in the first quarter. The country’s GDP... -
Portugal: GDP bounces back in the second quarter A second estimate confirmed that GDP rebounded, expanding 4.9% on a seasonally-adjusted quarter-on-quarter basis in the second quarter, above the... -
Portugal: Industrial output records slowest growth since February in July Industrial production grew 0.5% year-on-year in seasonally-adjusted terms in July (June: +10.8% s.a. yoy). July’s figure marked the worst reading... -
India: Economic growth hits a record high in Q2 Economic growth surged in the second quarter of the calendar year 2021 (Q1 FY 2021), with GDP expanding 20.1% on... -
Japan: Consumer sentiment turns more pessimistic in August Consumer confidence came in at 36.7 in August, down from July’s 37.5 which had marked a 17-month high. As a... -
Finland: GDP growth accelerates in Q2; economy returns to pre-pandemic levels Economic growth accelerated in the second quarter, with GDP increasing 2.1% on a seasonally-adjusted quarter-on-quarter basis, slightly above the preliminary...