Consumer prices increased 0.83% over the previous month in August, picking up from July’s 0.77% increase. August’s uptick marked the...
Latest Global Economic News
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Uruguay: Inflation moderates in August -
Saudi Arabia: Oil prices fall in August on intensifying recession fears; OPEC+ cuts quotas in September The OPEC oil basket traded at USD 101.9 per barrel on average in August, down 6.1% from the prior month.... -
Mexico: Consumer confidence decreases in August Consumer confidence came in at 40.9 in August, down from July’s 41.4. August’s result marked the weakest sentiment since March... -
Latvia: Industrial activity falls at sharpest rate since August 2020 in July Industrial production slid 2.9% year on year in July (June: +0.7% yoy). July’s result marked the worst reading since August... -
Kazakhstan: Central bank maintains policy At its latest meeting on 5 September, the National Bank of Kazakhstan (NBK) maintained its base rate at 14.50%, following... -
Germany: Merchandise exports drop in July Merchandise exports dropped 2.1% in month on month in July, on the heels of June’s 4.2% jump. Meanwhile, merchandise imports... -
Korea: Inflation plunges to lowest level since May in August Inflation came in at 5.7% in August, down from July’s 6.3%. August’s figure marked the lowest inflation rate since May.... -
Estonia: Industrial activity falls at sharpest pace since May 2020 in July Industrial output collapsed 6.4% year on year in seasonally- and calendar-adjusted terms in July, which was down from June’s flat... -
United States: Job gains exceed expectations in August, but unemployment rate ticks up Total non-farm payrolls increased by 315,000 in August, down from July’s bumper 526,000 figure but above market expectations. As a... -
Ireland: GDP growth weakens in the second quarter Economic growth lost momentum in the second quarter, with GDP increasing 1.8% on a seasonally-adjusted quarter-on-quarter basis (Q1: +6.2% s.a....