Retail sales expanded 1.8% year on year in calendar-adjusted terms in June, which contrasted May’s 0.9% decrease. June’s print marked...
Latest Global Economic News
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Switzerland: Retail sales expand at quickest pace since September 2022 in June -
Austria: Economy records sharpest contraction since Q4 2021 in the second quarter GDP contracted 0.4% on a seasonally adjusted quarter-on-quarter basis in the second quarter, contrasting the 0.1% expansion recorded in the... -
Ireland: GDP grows most since Q1 2022 in the second quarter According to a preliminary reading, economic activity bounced back 3.3% on a seasonally adjusted quarter-on-quarter basis in the second quarter,... -
Italy: Consumer confidence weakens in July Consumer confidence fell to 106.7 in July from June’s 108.6. The decrease came on the back of deteriorations in consumers’... -
Spain: Unemployment rate falls in second quarter of the year The jobless rate fell to 11.6% in Q2 from 13.3% in the first quarter. In absolute terms, the number of... -
Italy: Business confidence rises in July Business confidence came in at 109.1 in July, up from June’s 108.2. In July, sentiment in the construction and market... -
Brazil: Consumer sentiment improves while business sentiment deteriorates in July The seasonally adjusted consumer confidence index published by the Getulio Vargas Foundation (Fundação Getúlio Vargas) rose to 94.8 in July,... -
Sweden: Economic sentiment deteriorates slightly in July The economic tendency indicator (ETI) dropped to a six-month low of 87.5 in July, down from the previous month’s 89.9.... -
Euro Area: ECB delivers another 25 basis point hike in July but strikes more dovish tone At its 27 July meeting, the European Central Bank (ECB) hiked the main refinancing operations rate, the marginal lending facility... -
Ukraine: NBU initiates monetary policy easing earlier than expected At its 27 July meeting, the National Bank of Ukraine (NBU) cut its key policy rate by 300 basis points...