The KOF economic barometer—a leading composite indicator for the Swiss economy—rose to 113.8 in September from 110.2 in August, marking...
Latest Global Economic News
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Switzerland: KOF economic barometer hits ten-year high in September, boding well for outlook ahead -
Saudi Arabia: GDP contracts deeply in Q2 as both the oil and non-oil sectors reel The economy contracted 7.0% on an annual basis in the second quarter, after dipping 1.0% in the first quarter. The... -
UAE: Economy notably contracts in Q2 on non-oil sector downturn According to preliminary data released by the Central Bank of the UAE, GDP dropped 7.8% in year-on-year terms in the... -
France: Inflation logs weakest reading in over four years in September Consumer prices dropped a seasonally-adjusted 0.50% in September over the previous month, a sharper drop than August’s 0.10% decrease ,... -
Ecuador: GDP crashes in Q2 on Covid-19 and low oil price fallout The economy was pummeled in the second quarter on the double shock of the Covid-19 outbreak and low oil prices,... -
Portugal: Industrial output posts quickest growth since December 2019 in August Industrial production expanded 3.0% year-on-year in August (July: -8.8% yoy). The print marked the strongest expansion since December 2019. The... -
Guatemala: Central Bank keeps rate unchanged in September amid expected pickup in inflation At its 30 September meeting, the Monetary Board of the Central Bank of Guatemala opted to leave the monetary policy... -
Dominican Republic: Central Bank keeps rates steady in September At its end-September meeting, the Central Bank kept the policy rate at 3.00%, following a sizable rate cut in August.... -
Canada: GDP growth slows in July, but remains robust nonetheless The economy grew 3.0% month-on-month in July, easing from June’s 6.5% increase and matched Statistics Canada’s preliminary estimate. The economy... -
Belgium: New government sworn in, breaking 16 months of political gridlock A new Belgian government was sworn in on 1 October after 16 months of political deadlock. The so-called Vivaldi coalition...