The Brazilian economy stumbled halfway through the second quarter: Economic activity declined a whopping 2.0% month on month in seasonally...
Latest Global Economic News
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Brazil: Economic growth undershoots expectations in May; posts steepest contraction in 26 months -
Indonesia: Merchandise exports slide in June Merchandise exports sank 21.2% in annual terms in June (May: +0.9% year-on-year). Meanwhile, merchandise imports slid 18.3% over the same... -
China: Annual GDP growth accelerates in the second quarter, but underlying momentum slows GDP expanded 6.3% on an annual basis in Q2 (Q1: +4.5% year on year). Q2’s reading marked a two-year high,... -
Singapore: Non-oil domestic exports decline in June Non-oil domestic exports (NODX) sank 15.5% annually in June, on the heels of May’s 14.8% plummet. Both electronics and non-electronics... -
Nigeria: Inflation approaches 18-year high in June Inflation rose to 22.8% in June, above May’s 22.4% and the highest inflation rate since September 2005. The removal of... -
Saudi Arabia: Inflation moderates slightly in June Inflation came in at 2.7% in June, which was down from May’s 2.8%. The weaker reading was largely due to... -
Argentina: Inflation comes in at highest level since our records began Inflation came in at 115.6% in June, which was up from May’s 114.2%. June’s figure was the highest inflation rate... -
Czech Republic: Inflation declines to lowest level since December 2021 in June Inflation came in at 9.7% in June, which was down from May’s 11.1%. June’s figure marked the lowest inflation rate... -
Canada: Bank of Canada hikes rates in July On 12 July, the Bank of Canada (BoC) raised the target for the overnight rate from 4.75% to 5.00%, and... -
Hungary: Decline in industrial activity softens in May According to a second estimate by the Statistical Institute, industrial output dropped 4.2% in year-on-year terms in May, which was...