GDP dropped 0.5% month-on-month in seasonally-adjusted terms in July (June: +0.5% mom). The result marked the worst reading since December...
Latest Global Economic News
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United Kingdom: Economic activity contracts at sharpest rate since December 2022 in July -
United States: Inflation increases in August Inflation came in at 3.7% in August, up from July’s 3.2%, slightly above market expectations of 3.6% and well above... -
United Kingdom: Labor market shows further signs of softening midway through Q3 According to the ONS, in May–July the unemployment rate registered 4.3%, up 0.1 percentage points from the previous rolling quarter... -
Angola: Inflation comes in at highest level since December 2022 in August Inflation came in at 13.6% in August, up from July’s 12.1%. August’s figure was the highest inflation rate since December... -
Argentina: Consumer confidence rises in August The Universidad Torcuato di Tella (UTDT) consumer confidence index rose to 44.1 in August from 43.6 in July. Consequently, the... -
Hungary: Inflation falls to lowest level since August 2022 in August Inflation came in at 16.4% in August, which was down from July’s 17.6%. August’s reading marked the weakest inflation rate... -
Angola: Angolan oil output falls but Brent prices rise sharply in August Brent prices averaged USD 85.2 per barrel in August, up 6.3% from July’s price but 12.8% lower year on year.... -
India: Inflation eases in August Inflation eased to 6.8% in August, coming in below July’s 7.4% and marking a slightly sharper deceleration than was expected... -
India: Industrial output grows at fastest pace since February in July Industrial production expanded 5.6% year on year in July (June: +3.8% yoy). The figure marked the best reading since February.... -
Spain: Decline in industrial activity softens in July Industrial output slid 1.8% year on year in seasonally and calendar-adjusted terms in July (June: -3.2% ). July’s softer drop...