Inflation came in at 7.9% in June, down from May’s 8.7%. June’s figure marked the weakest inflation rate since March...
Latest Global Economic News
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United Kingdom: Inflation moderates in June -
Peru: Merchandise exports drop in June Merchandise exports decreased 8.2% annually in June, contrasting May’s 1.3% rise. The fall was largely due to lower prices for... -
United Kingdom: GDP records fastest growth since Q1 2022 in the second quarter GDP growth accelerated to 0.2% on a seasonally adjusted quarter-on-quarter basis in the second quarter from 0.1% in the first... -
Slovakia: Industrial output records quickest growth since May 2022 in June Industrial production rose 3.6% year on year in June (May: -0.7% yoy). June’s figure marked the best reading since May... -
Uruguay: Industrial output growth dips in June Industrial output rose 0.4% in year-on-year terms in June, which was a deterioration from May’s 0.9% increase. The figure was... -
Turkey: Current account swings to surplus for first time in 20 months in June The current account posted a USD 0.7 billion surplus in June, improving from the USD 7.8 billion deficit booked in... -
Argentina: Inflation remains in triple digits in July Inflation came in at 113.4% in July, which was down from June’s 115.6%. July’s result marked the weakest inflation rate... -
Belarus: Inflation moderates in July Inflation fell to 2.5% in July, edging down from June’s 2.7%. The moderation was driven by a sharper decline in... -
Russia: Economy records best growth reading since Q4 2021 in Q2 2023 According to a preliminary reading, GDP rebounded in the second quarter, increasing 4.9% year on year, above the 1.8% contraction... -
Austria: Industrial output deteriorates in June Industrial output slid 1.4% in month-on-month seasonally adjusted terms in June, matching May’s 1.4% decrease. Looking at the details of...