Inflation was stable at June’s 2.4% in July. July’s result marked the joint-weakest inflation rate since June 2021. The reading...
Latest Global Economic News
-
Singapore: Inflation remains at joint-lowest level since June 2021 in July -
Lithuania: Industrial output grows at fastest pace since August 2022 in July Industrial output grew 11.1% year on year in July (June: -4.2% yoy). July’s figure marked the best reading since August... -
Japan: Core machinery orders rebound in June Core machinery orders—which cover the private sector, exclude volatile orders and are a leading indicator for capital spending over the... -
Indonesia: Merchandise exports drop in June Merchandise exports fell 0.5% year-on-year in June, contrasting May’s 1.8% rise. Meanwhile, merchandise imports expanded 4.7% over the same month... -
Luxembourg: Decline in retail sales softens in July Retail sales dropped 2.1% month-on-month in seasonally adjusted terms in July (June: -3.1% mom). On an annual basis, retail sales... -
Peru: GDP growth gathers steam in Q2 GDP reading: GDP growth picked up to 3.6% year on year in the second quarter from 1.4% in the first... -
Japan: Inflation remains at highest level since October 2023 in July Inflation was stable at 2.8% for the third month running in July. July’s reading represented the joint-highest inflation rate since... -
Korea: Bank of Korea leaves rates unchanged in August Latest bank decision: At its meeting on 22 August, the Monetary Policy Board of the Bank of Korea decided to... -
Israel: Decline in economic activity softens in July The Bank of Israel’s Composite State of the Economy Index declined 0.03% in month-on-month seasonally adjusted terms in July, which... -
Norway: Economy accelerates in Q2 GDP reading: The Norwegian economy gained notable steam in the second quarter, when nationwide GDP growth improved to 1.4% from...