Nominal urban fixed asset investment grew 12.6% in year-to-date terms in June, which followed May’s 15.4% increase. June’s slowdown largely...
Latest Global Economic News
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China: Nominal fixed investment growth eases in June -
Australia: Unemployment drops further in June Seasonally-adjusted employment rose by 29,100 in June, following 115,200 jobs added in May. June’s result was driven by an increase... -
Indonesia: Merchandise exports growth remains strong in June Merchandise exports skyrocketed 54.4% year-on-year in June, following May’s 62.0% surge and supported by soaring oil and non-energy exports as... -
Angola: Cabinda prices rise to over two-and-a-half-year high in June Cabinda oil sold for USD 73.7 per barrel (pb) on average in June, up markedly from USD 68.6 pb in... -
China: Economic growth slows in the second quarter GDP growth lost momentum in the second quarter, falling to 7.9% year-on-year from 18.3% in the first quarter. The slowdown... -
India: Merchandise export growth moderates in June Merchandise exports jumped 48.2% in annual terms in June, following May’s 69.4% upturn. Meanwhile, merchandise imports shot up 98.3% over... -
Ecuador: Economic activity growth moderates in May but remains solid Economic activity grew 29.0% in annual terms in May, but eased from April’s 56.1% jump, largely due to a less... -
Angola: GDP drops at milder pace in first quarter of 2021 Economic conditions remained challenging in the first quarter of 2021, with GDP contracting 3.4% year-on-year amid the lingering impact of... -
Korea: BoK stands pat in July but adopts more hawkish forward guidance At its meeting on 15 July, the Bank of Korea (BoK) kept the base rate at its record low of... -
Korea: Government announces second supplementary budget to fuel recovery On 1 July, the government announced a supplementary budget proposal—the sixth since the pandemic started and the second this year—aimed...