According to a preliminary estimate, GDP declined at a milder rate of 1.3% year-on-year in the third quarter compared to...
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Korea: Economy contracts at milder pace in the third quarter -
Germany: Business confidence falls in October Business confidence fell to 92.7 in October from September’s 93.2. As a result, the index remained below the 100-threshold, separating... -
Kazakhstan: Central Bank keeps rates unchanged in October The National Bank of Kazakhstan (NBK) decided to keep the base rate at 9.00% at its 26 October meeting, marking... -
Hungary: Economic sentiment improves in October The GKI economic sentiment index, a composite indicator, rose to minus 18.8 in October from minus 19.3 in September. October’s... -
Austria: Industrial output contracts in August Industrial output decreased 0.6% on a month-on-month in seasonally-adjusted terms in August, swinging from July’s 5.0% increase. August’s reading was... -
Italy: Government approves stimulatory budget to sustain recovery following coronavirus blow On 19 October, the government approved the 2021 draft budget, which includes a stimulus package of tax cuts, the extension... -
Czech Republic: Economic sentiment weakens in October The economic sentiment indicator, published by the Czech Statistical Office (CSO), fell to 86.4 in October (September: 90.9). The business... -
Spain: Government sets out expansionary 2021 budget to boost fragile recovery after Covid-19 shock On 15 October, the government sent its 2021 draft budget to the European Commission for review. The expansionary plan includes... -
Lithuania: Center-right opposition wins parliamentary elections, boding well for economic outlook In the parliamentary elections held on 11 and 25 October, the opposition Homeland Union party (the Conservatives) won the majority... -
Mexico: Economic activity cools in August The monthly indicator for economic activity (IGAE) rose 1.1% in month-on-month, seasonally-adjusted terms in August, below July’s 5.7% jump. August’s...