The economy expanded 1.0% in quarter-on-quarter seasonally adjusted annualized rate (qoq SAAR) terms in the second quarter. The reading was...
Latest Global Economic News
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Israel: Growth slows sharply in Q2 after temporary factors boosted the Q1 reading -
Singapore: Non-oil exports contract at softer rate in July Non-oil domestic exports (NODX) decreased 11.2% year-on-year in July, weaker than June’s 17.4% plunge (previously reported: -17.3% year-on-year). Nevertheless, the... -
Malaysia: Economic growth accelerates in Q2, surpassing market expectations The economy expanded 4.9% in annual terms in the second quarter, up from the first quarter’s 4.5% year-on-year acceleration and... -
Croatia: Inflation jumps to eight-month high in July Consumer prices declined 0.5% from the previous month in July, following the 0.3% dip recorded in June. According to the... -
Nigeria: Inflation falls to one-year low in July Consumer prices rose 1.01% on a month-on-month basis in July, down marginally from June’s 1.07% climb. The moderation was chiefly... -
Angola: Cabinda crude oil price inched down in July; Angolan production slumps to an over 12-year low The average price of Angola’s Cabinda crude fell from USD 65.5 per barrel (pb) in June to USD 64.9 pb... -
Hong Kong: Economic growth slows for fifth consecutive quarter in Q2; near-term prospects look bleak The economy slowed for the fifth consecutive quarter in the second quarter, with year-on-year growth dipping to 0.5%, a notch... -
South Africa: Rand tumbles on slew of worrisome news On 16 August, the rand traded at 15.23 per USD, a 8.7% depreciation from the same day in July. The... -
Turkey: Industrial output declines in June Turkish industrial production fell 3.9% year-on-year in June, down from May’s 1.3% fall. The drop in production was driven by... -
Russia: Industrial output growth moderates in July Annual industrial output growth came in at 2.8% in July, softening from June’s 3.3% year-on-year jump. The deceleration was chiefly...