GDP was stable in Q2 relative to Q1 on a seasonally adjusted quarter-on-quarter basis (Q1: +0.3% s.a. qoq), undershooting market...
Latest Global Economic News
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Switzerland: GDP flatlines in the second quarter -
Turkey: Inflation comes in at highest level since December 2022 in August Inflation came in at 58.9% in August, up from July’s 47.8%. August’s reading was the highest inflation rate since December... -
Latvia: Industrial activity records largest decrease in six months in July Industrial production nosedived 8.7% year on year in July (June: -5.1% yoy). July’s outturn marked the worst reading since January.... -
Germany: Merchandise exports contract in July Merchandise exports decreased 0.9% on a calendar- and seasonally adjusted basis in July (June: +0.2% c.s.a. mom), declining slightly less... -
Poland: Inflation declines to lowest level since February 2022 in August Inflation came in at 10.1% in August, down from July’s 10.8%. August’s reading marked the weakest inflation rate since February... -
Kazakhstan: Inflation declines in August but remains in double digits Inflation cooled to 13.1% in August, below July’s 14.0%, marking the sixth consecutive monthly slowdown but remaining in double digits.... -
Hungary: Economy contracts at more pronounced pace in Q2 GDP contracted at a steeper pace of 2.4% year on year in the second quarter, following the 0.9% contraction logged... -
Ireland: GDP growth in Q2 downgraded According to a revised reading, GDP rebounded 0.5% on a seasonally adjusted quarter-on-quarter basis in Q1 (preliminary reading: +3.3% qoq... -
Croatia: Industrial activity dips in July Industrial output declined 0.7% year-on-year in calendar-adjusted terms in July, which contrasted June’s 2.4% increase. The notable downturn came on... -
Cyprus: GDP grows at softest pace since Q1 2021 in Q2 GDP growth waned to 2.1% year on year in the second quarter, from 3.1% in the first quarter. Q2’s reading...