Brazil’s current account recorded a USD 3.5 billion deficit in May, deteriorating from the USD 2.5 billion surplus recorded in...
Latest Global Economic News
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Brazil: Current account swings to deficit in May -
Malaysia: Inflation comes in at highest level since May 2021 in July Consumer prices rose a seasonally-adjusted 0.39% from the previous month in July, a smaller increase than the 0.63% increase recorded... -
Italy: Consumer confidence improves in August Consumer confidence rose to 98.3 in August from July’s 94.8. The uptick came on the back of an improvement in... -
United States: Consumer confidence rises in August Consumer confidence came in at 103.2 in August, up notably from July’s 95.3 and likely aided by a strong labor... -
Italy: Business confidence eases in September Business confidence came in at 105.2 in September, down from August’s 109.2. September’s reading was driven by more downbeat sentiment... -
Argentina: Merchandise exports increase in July Merchandise exports rose 7.2% year-on-year in July (June: +20.3% year-on-year). July’s outturn marked the softest growth since December 2020. Meanwhile,... -
Germany: Business confidence decreases in August Business confidence fell to 88.5 in August from July’s 88.6. August’s result marked the worst reading since June 2020. Consequently,... -
United States: GDP drops at a slower pace in the second quarter GDP contracted 0.6% in seasonally-adjusted annualized terms (SAAR) in Q2 (Q1: -1.6% SAAR). That said, the reading was dampened by... -
Brazil: Consumer sentiment hits highest reading in over two years in August The seasonally-adjusted consumer confidence index published by the Getulio Vargas Foundation (Fundação Getúlio Vargas) came in at 83.6 in August,... -
Germany: Economic growth flatlines in Q2 A detailed breakdown of national accounts data revealed that the German economy expanded 0.1% quarter on quarter on a seasonally-adjusted...