Remittances tallied USD 4.5 billion in July, representing a 28.6% year-on-year rise. This follows June’s 26.0% year-on-year expansion. On a...
Latest Global Economic News
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Mexico: Growth in remittances is strong in July -
Indonesia: Inflation increases in August Consumer prices rose a seasonally-adjusted 0.03% over the previous month in August, a smaller increase than the 0.08% rise logged... -
Spain: Retail sales record slowest expansion since February in July Retail sales grew 0.1% year-on-year in July, softening from the 1.4% growth tallied in June. July’s outturn marked the worst... -
Cyprus: Economy rebounds in the second quarter A second reading of national accounts data confirmed that the economy bounced back in the second quarter, growing 12.8% year-on-year,... -
Canada: GDP contracts in the second quarter GDP decreased 1.1% in seasonally-adjusted annualized terms (SAAR) in the second quarter of 2021, contrasting the 5.5% expansion logged in... -
Denmark: GDP rebounds in the second quarter A second national accounts release confirmed that economic activity rebounded in the second quarter, increasing 2.3% on a seasonally-adjusted quarter-on-quarter... -
France: Harmonized inflation rises in August According to a flash estimate, consumer prices rose 0.61% in August over the previous month, accelerating from the 0.06% increase... -
Germany: First election without Merkel likely to be followed by lengthy government formation process German voters will head to the ballots on 26 September to elect the members of the Bundestag. Opinion polls are... -
Norway: New government likely to be a Labour-led coalition Norwegians are gearing up to head to the polls on 13 September to elect a new parliament. Incumbent Prime Minister... -
Hungary: Economic sentiment improves in August amid higher business confidence The GKI economic sentiment index, a composite indicator, edged up to minus 0.6 in August from minus 1.1 in July,...