The seasonally-adjusted unemployment rate rose to 3.6% in Q2 from 3.4% in Q1. Meanwhile, the underutilization rate—which includes both unemployment...
Latest Global Economic News
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New Zealand: Unemployment rate rises in Q2 -
Australia: Retail sales fall at sharpest rate since December 2022 in June Retail sales slid 0.8% month-on-month in seasonally-adjusted terms in June (May: +0.8% mom). June’s outturn marked the worst reading since... -
Indonesia: Inflation falls to over one-year low in July Inflation fell to 3.1% in July from June’s 3.5%. July’s result represented the weakest inflation rate since March 2022. Looking... -
Latvia: Industrial activity falls at softer pace in June Industrial output dropped 5.0% year on year in June (May: -8.4% yoy). The reading was partly due to a softer... -
Switzerland: Inflation declines to lowest level since December 2021 in July Inflation ticked down to 1.6% in July from June’s 1.7%, meeting the Central Bank’s target of below 2%. July’s result... -
Hong Kong: Retail sales growth picks up pace in June Retail sales rose 17.5% year on year in June (May: +16.5% yoy). The pickup was driven by accelerating food and... -
Peru: Inflation falls in July Inflation came in at 5.9% in July, which was down from June’s 6.5% and marked the lowest reading since January... -
Germany: Merchandise exports rise at stable pace in June Merchandise exports rose 0.1% in June on a month-on-month calendar and seasonally adjusted basis, matching May’s reading. Meanwhile, merchandise imports... -
United Kingdom: BoE hikes by 25 basis points in August On 3 August, the Bank of England (BoE) increased the bank rate from 5.00% to 5.25%, taking total tightening in... -
Uruguay: Inflation drops to lowest level since November 2005 in July Inflation came in at 4.8% in July, down from June’s 6.0%. July’s figure marked the lowest inflation rate since November...