A flash estimate of national accounts data for the second quarter showed that the economy rebounded strongly in quarter-on-quarter terms,...
Latest Global Economic News
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Austria: Economy rebounds strongly in Q2 -
Lithuania: GDP growth gains momentum in Q2 GDP rose 6.9% year-on-year in the second quarter of 2021, according to preliminary data. The result followed the 1.5% increase... -
Spain: Retail sales growth slows sharply in June Retail sales increased 1.8% year-on-year in June (May: +18.9% yoy). June’s notable deceleration largely reflected easing large chain stores and... -
Spain: Current account surplus widens in May Spain’s current account balance recorded a surplus of EUR 0.9 billion in May 2021, above the EUR 0.8 billion surplus... -
Spain: Economy swings back to growth in Q2 amid easing restrictions The economy swung back to expansion in the second quarter, as the lifting of restrictions amid an acceleration in the... -
Czech Republic: Economy rebounds amid low base effect and easing restrictions in Q2 The economy expanded 7.8% in seasonally-adjusted year-on-year terms in the second quarter, swinging from Q1’s 2.4% decline supported by an... -
Euro Area: Inflation at over two-and-a-half-year high in July Harmonized inflation came in at 2.2% in July, above June’s 1.9% and marking the highest print since October 2018. Inflation... -
Euro Area: GDP rebounds strongly in Q2 amid easing lockdowns The economy grew a seasonally-adjusted 2.0% over the previous quarter in Q2, contrasting Q1’s 0.3% contraction and beating market expectations... -
Serbia: Industrial output growth ebbs in May Industrial output increased 4.4% year-on-year in June (May: +9.4% yoy). Looking at the details of the release, manufacturing output rose... -
Saudi Arabia: Oil prices rise in July on the back of improving demand prospects and tighter supply Oil prices increased robustly at the tail end of July, predominately due to falling inventories in the U.S. and a...