On 29 October, Finance Minister Tengku Zafrul Aziz presented the government’s 2022 draft budget. Following 2021’s record-high expenditure, the 2022...
Latest Global Economic News
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Malaysia: Government announces record-high spending in 2022 budget to support post-Covid-19 growth -
Lithuania: GDP growth moderates in Q3 GDP rose 4.8% year-on-year in the third quarter of 2021, according to preliminary data. The result followed the revised 8.3%... -
Spain: Unemployment rate falls less than expected in Q3 The jobless rate fell from 15.3% in Q2 to 14.6% in the third quarter, amid easing restrictions and an acceleration... -
Euro Area: Economic improves in October despite supply shortages and surging price pressures Sentiment in the Eurozone rose to 118.6 in October from 117.8 in September. The index therefore reached the second highest... -
Spain: Housing permits fall in August The Spanish Board of Architects approved 3,253 new construction permits in August, according to data published by the Ministry of... -
Euro Area: Inflation at over 13-year high in October amid surging energy prices Harmonized inflation came in at 4.1% in October, above September’s 3.4% and marking the highest print since July 2008 as... -
Euro Area: GDP continues to expand solidly in Q3 The economy grew a seasonally-adjusted 2.2% over the previous quarter in Q3, slightly up from Q2’s 2.1% expansion and beating... -
Spain: Economy continues to grow in Q3 but surprises markets on the downside According to a preliminary reading, GDP rose 2.0% on a seasonally-adjusted quarter-on-quarter basis in the third quarter, undershooting market expectations... -
France: GDP growth overshoots market expectations in Q3 According to a preliminary estimate, GDP grew a robust 3.0% on a seasonally-adjusted quarter-on-quarter basis in the third quarter, overshooting... -
Switzerland: KOF Economic Barometer records worst reading since February but remains elevated in October The KOF Economic Barometer came in at 110.7 in October, down from September’s 111.0. October’s result marked the worst reading...