Labor market conditions in the common currency block deteriorated again in July alongside the relaxation of some Covid-19 containment measures;...
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Euro Area: Unemployment rate ticks up in July, again held down by short-time work schemes -
Czech Republic: GDP records largest drop on record in Q2 amid Covid-19 health crisis GDP plunged a revised 11.0% year-on-year in Q2 (previously reported: -10.7% yoy), coming in well below the 1.9% contraction seen... -
Brazil: Economy shrinks at record pace in Q2 on Covid-19 blow GDP nosedived 9.7% on a seasonally-adjusted quarter-on-quarter basis in Q2, severely below the 2.5% contraction seen in the first quarter,... -
Hungary: Second reading confirms record-breaking contraction in Q2 A second GDP release published on 1 September confirmed that GDP collapsed 13.6% year-on-year in the second quarter as a... -
Poland: Inflation drops to three-month low in August Consumer prices dropped 0.10% over the previous month in August, a softer fall than the 0.20% decline recorded in July,... -
Indonesia: Inflation drops to lowest level since May 2000 in August Consumer prices fell a seasonally-adjusted 0.05% from the previous month in August, driven by lower prices for food, beverages and... -
Australia: RBA keeps rates at all-time low in September; ramps up cheap bank funding At its monetary policy meeting on 1 September, the Reserve Bank of Australia (RBA) decided to keep the cash rate... -
Korea: Merchandise exports decline at sharp rate in August, although underlying picture is more positive Merchandise exports fell 9.9% in annual terms in August (July: -7.1% year-on-year) amid still-tepid external demand. However, a lower number... -
Hong Kong: Decline in retail sales continues to soften July Retail sales fell 23.9% compared to the same month a year earlier in July, which was slightly softer than June’s... -
Korea: Preliminary estimate shows economy contracting at fastest pace since 2008 in Q2 A preliminary GDP release by the Bank of Korea shows the economy shrank 3.2% in seasonally-adjusted quarter-on-quarter (s.a. qoq) terms...