According to a flash release, the economy contracted 0.5% on an annual basis in the second quarter, which was a...
Latest Global Economic News
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Poland: GDP records sharpest contraction since Q4 2020 in Q2 2023 -
Romania: Economic growth slows more than expected in Q2 According to a preliminary estimate, growth slowed in the second quarter, coming in at 1.1% on an annual basis (Q1:... -
Indonesia: Merchandise exports drop in July Merchandise exports dived 18.0% in annual terms in July, following June’s 21.2% dive. Meanwhile, merchandise imports decreased 8.3% over the... -
Netherlands: GDP declines again on a sequential basis in Q2 The economy contracted 0.3% on a seasonally adjusted quarter-on-quarter basis in Q2, following the first quarter’s 0.4% contraction. Household spending... -
Kazakhstan: GDP growth gathers steam in H1 According to a preliminary reading, GDP growth gathered steam to 5.1% year on year in H1 (January–June 2023), up from... -
Nigeria: Inflation overshoots expectations and comes in at a near-two-decade high in July Inflation came in at 24.1% in July, up from June’s 22.8%. July’s reading was the highest since September 2005. The... -
Saudi Arabia: Inflation drops to lowest level since June 2022 in July Inflation came in at 2.3% in July, down from June’s 2.7%. July’s figure marked the weakest inflation rate since June... -
Japan: GDP soars in Q2 2023 with fastest upturn since Q4 2020 According to a preliminary reading, GDP growth gained momentum to 6.0% in seasonally adjusted annualized rate terms (SAAR) terms in... -
Israel: Inflation moderates more than anticipated in July Inflation came in at 3.3% in July, which was down from June’s 4.2%. July’s result represented the weakest inflation rate... -
China: Industry, investment and retail data disappoints in July Industrial output expanded 3.7% year on year in July (June: +4.4% yoy). July’s weakening was driven by decelerations in manufacturing...