Business confidence came in at 110 in August, marginally above 109 in July, marking the highest reading since June 2018....
Latest Global Economic News
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France: Business confidence rises to over three-year high in August -
Korea: BoK hikes base rate in August At its meeting on 26 August, the Bank of Korea (BoK) hiked the base rate by 25 basis points to... -
Hungary: MNB delivers third consecutive rate hike in August At its 24 August meeting, the Monetary Council of the Hungarian National Bank (MNB) decided to raise its base rate... -
Russia: Industrial output growth slows in August Industrial output increased 4.7% in year-on-year terms in August, which was a deterioration from July’s 7.2% increase. The result marked... -
Germany: Business confidence falls back to pessimistic territory in August The ifo Business Climate Index fell to 99.4 in August from 100.7 in July. Consequently, the index came in below... -
Turkey: Business confidence inches down but remains elevated in August Confidence levels among Turkish firms inched down from the over 14-year high of 114.8 in July to 113.9 in August.... -
Korea: Business confidence in the manufacturing sector improves but remains pessimistic in September Business confidence among manufacturing firms rose to 96.0 in September from August’s 92.0. As such, the index moved closer to... -
Mexico: Second estimate confirms the economy gained steam in Q2 According to a second reading, GDP bounced back, expanding 19.6% year-on-year in the second quarter, above the 3.6% contraction seen... -
Brazil: Current account drops into deficit in July Brazil’s current account recorded a deficit of USD 1.6 billion in July, below the USD 0.6 billion shortfall recorded in... -
Brazil: Consumer confidence pulls back in August The seasonally-adjusted consumer confidence index published by the Getulio Vargas Foundation came in at 80.8 in August, following July’s 82.2...