The KOF Economic Barometer fell to 86.5 in August from July’s 90.5. August’s result marked the worst reading since July...
Latest Global Economic News
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Switzerland: KOF Economic Barometer falls to over two-year low in August -
Portugal: Economic growth is flat in Q2 GDP growth flatlined on a seasonally-adjusted quarter-on-quarter basis in the second quarter, below the 2.5% expansion tallied in the first... -
Finland: GDP growth records best reading in a year in the second quarter GDP growth improved to 1.0% on a seasonally-adjusted quarter-on-quarter basis in the second quarter, doubling 0.5% in the first quarter.... -
Estonia: GDP growth expands at softest pace since Q3 2020 in Q2 GDP growth moderated to 0.6% year on year in the second quarter, from 4.5% in the first quarter. Q2’s reading... -
Japan: Consumer confidence picks up in August Consumer confidence rose to 32.5 in August from July’s 30.2. As such, the index remained entrenched below the 50-threshold, indicating... -
Netherlands: Business confidence cools in August Business confidence moderated to 4.6 in August, down from July’s 8.4. However, the index remained above the 0-threshold, separating optimism... -
Hungary: MNB hikes rates again in August At its 30 August meeting, the Monetary Council of the Hungarian National Bank (MNB) raised its base rate to 11.75%... -
Sweden: Economic sentiment records worst reading since December 2020 in August The economic tendency indicator (ETI) came in at 97.5 in August, down from July’s 101.4. August’s result marked the weakest... -
Cyprus: Industrial output records slowest growth since November 2021 in June Industrial production expanded 2.0% year on year in June (May: +5.6% yoy). June’s result marked the worst reading since November... -
Portugal: Consumer confidence steadily pessimistic in August Consumer confidence came in at minus 31.1 in August, matching July’s reading. Pessimistic perspectives on future big ticket purchases offset...