GDP contracted at a steeper pace of 2.4% year on year in the second quarter, following the 0.9% contraction logged...
Latest Global Economic News
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Hungary: Economy contracts at more pronounced pace in Q2 -
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... -
Austria: GDP records sharpest contraction since Q4 2021 in the second quarter GDP contracted 0.7% on a seasonally adjusted quarter-on-quarter basis in the second quarter, contrasting the 0.4% expansion recorded in the... -
Italy: GDP contracts faster than previously reported in Q2 The economy contracted in the second quarter, with GDP decreasing 0.4% quarter on quarter, coming in below a preliminary estimate... -
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... -
Taiwan: GDP bounces back in the second quarter GDP rebounded, growing 1.5% year on year in the second quarter, contrasting the 2.9% contraction recorded in the first quarter.... -
Korea: Exports beat expectations in August Merchandise exports decreased 8.3% annually in August, on the heels of July’s 16.4% plunge and exceeding market expectations of a... -
Brazil: GDP growth slows in Q2 GDP growth slowed to 0.9% on a seasonally adjusted quarter-on-quarter basis in the second quarter, down from 1.8% in the... -
Poland: Business sentiment rises in August Business sentiment rose to minus 12.0 in August from July’s minus 14.0. Therefore, the index remained entrenched below the 0-threshold,...