Copper prices lost ground in August, as escalating trade tensions and a slowing global economy weighed on demand for the...
Latest Global Economic News
-
Chile: Copper prices slump to over two-year low in August amid global economic uncertainties -
Sweden: Riksbank holds fire in September as expected, but surprises analysts with hawkish forward guidance At its 5 September monetary policy meeting, the Riksbank left the repo rate unchanged at minus 0.25%, as had been... -
Sweden: Industrial production growth rebounds in July Total industrial production excluding energy notched growth of 1.4% in July over the prior month in seasonally- and calendar-adjusted terms,... -
Philippines: Inflation falls below Central Bank target range in August Consumer prices rose 0.17% over the prior month in August, down from the 0.25% increase in July. Food and non-alcoholic... -
Switzerland: Growth slows in the second quarter The economy grew 0.3% on a seasonally-adjusted quarter-on-quarter basis in the second quarter, slowing from the downwardly revised 0.4% expansion... -
Russia: Inflation falls to a fresh year-to-date low in August In August, consumer prices fell 0.2% over the previous month, contrasting July’s 0.2% month-on-month increase. Notably, August’s reading marked the... -
Ukraine: NBU chops the key policy rate again in September At its 5 September meeting, the National Bank of Ukraine (NBU) decided to cut the key policy rate to 16.50%,... -
Ecuador: Inflation slides in August Consumer prices declined 0.1% in August, contrasting a 0.1% rise in July. Higher healthcare costs led the upturn, followed by... -
Australia: Annual growth nears 10-year low in Q2; quarterly growth remains stable According to figures released by Australia’s Statistical Institute (ABS) on 4 September, GDP expanded 0.5% quarter-on-quarter in seasonally-adjusted terms in... -
Canada: Bank of Canada leaves rates unchanged in September, expects slower growth in H2 On 4 September, the Bank of Canada (BoC) left its target for the overnight rate unchanged at 1.75%, as had...