At its 16 August meeting, the Executive Board of Norges Bank unanimously voted to slow down the pace of its...
Latest Global Economic News
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Norway: Norges Bank meets market expectations and slows tightening pace in August -
Japan: Core machinery orders rebound in June Core machinery orders—which cover the private sector, exclude volatile orders and are a leading indicator for capital spending over the... -
Israel: GDP growth improves in the second quarter GDP growth accelerated to 3.0% in seasonally adjusted annualized rate terms (SAAR) in the second quarter, up from 2.9% in... -
United Kingdom: Inflation falls to over one-year low in July Inflation fell to 6.8% in July from June’s 7.9%. July’s result marked the weakest inflation rate since February 2022 and... -
New Zealand: Business confidence rises in July The ANZ business confidence indicator rose to -13 in July from -18 in July, marking the highest reading in nearly... -
Romania: Decline in industrial activity softens in June Industrial output declined 5.6% compared to the same month a year earlier in June, which was a less pronounced contraction... -
Euro Area: Industrial output accelerates in June Industrial production grew 0.5% month on month in seasonally adjusted terms in June (May: 0.0% mom). Looking at the details... -
Cyprus: Economy records slowest growth since Q1 2021 in Q2 2023 According to a preliminary reading, GDP growth moderated to 2.1% year on year in the second quarter, from 3.1% in... -
Bulgaria: Inflation falls to over one-year low in July Inflation came in at 8.5% in July, down from June’s 8.7%. July’s figure represented the lowest inflation rate since December... -
Poland: GDP records sharpest contraction since Q4 2020 in Q2 2023 According to a flash release, the economy contracted 0.5% on an annual basis in the second quarter, which was a...