The current account posted a EUR 2.8 billion surplus in June, deteriorating from the EUR 4.0 billion surplus posted in...
Latest Global Economic News
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Spain: Current account surplus narrows in June -
Estonia: Industrial activity posts softest contraction since February in July Industrial output fell 9.4% year-on-year in seasonally and calendar-adjusted terms in July, which was a less pronounced drop than June’s... -
Switzerland: GDP flatlines in the second quarter GDP was stable in Q2 relative to Q1 on a seasonally adjusted quarter-on-quarter basis (Q1: +0.3% s.a. qoq), undershooting market... -
Turkey: Inflation comes in at highest level since December 2022 in August Inflation came in at 58.9% in August, up from July’s 47.8%. August’s reading was the highest inflation rate since December... -
Latvia: Industrial activity records largest decrease in six months in July Industrial production nosedived 8.7% year on year in July (June: -5.1% yoy). July’s outturn marked the worst reading since January.... -
Germany: Merchandise exports contract in July Merchandise exports decreased 0.9% on a calendar- and seasonally adjusted basis in July (June: +0.2% c.s.a. mom), declining slightly less... -
Poland: Inflation declines to lowest level since February 2022 in August Inflation came in at 10.1% in August, down from July’s 10.8%. August’s reading marked the weakest inflation rate since February... -
Kazakhstan: Inflation declines in August but remains in double digits Inflation cooled to 13.1% in August, below July’s 14.0%, marking the sixth consecutive monthly slowdown but remaining in double digits.... -
Hungary: Economy contracts at more pronounced pace in Q2 GDP contracted at a steeper pace of 2.4% year on year in the second quarter, following the 0.9% contraction logged... -
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...