Inflation fell to 2.5% in July, edging down from June’s 2.7%. The moderation was driven by a sharper decline in...
Latest Global Economic News
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Belarus: Inflation moderates in July -
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... -
Czech Republic: Inflation falls to over one-year low in July Inflation came in at 8.8% in July, which was down from June’s 9.7%. July’s result marked the lowest inflation rate... -
India: Reserve Bank of India stands pat for third time in a row in August On 10 August, the Reserve Bank of India (RBI) left the repo rate unchanged at 6.50%, as expected by the... -
Sweden: Industrial activity contracts at sharpest pace since August 2022 in June Industrial output decreased 4.4% in month-on-month seasonally adjusted terms in June, which contrasted May’s 0.2% increase. June’s downturn marked the... -
Bulgaria: Industrial output drops again in June Industrial production dropped 9.3% year on year in June (May: -8.6% yoy). June’s sharper drop was partly driven by a... -
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... -
Belgium: Industrial activity drops at sharpest pace in a year in June Industrial production dropped 7.6% year on year in calendar adjusted terms in June, a steeper contraction than May’s 6.4%. The... -
Denmark: Inflation increases in July Inflation came in at 3.1% in July, up from June’s 2.5%. Looking at the details of the release, the acceleration... -
Norway: Inflation falls to over one-year low in July Inflation came in at 5.4% in July, down from June’s 6.4%. July’s reading represented the weakest inflation rate since April...