The economy fell 0.3% month-on-month in May, which was softer than April’s 0.5% fall, and Statistics Canada’s preliminary estimate made...
Latest Global Economic News
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Canada: GDP contracts in May; preliminary estimate points to a rebound in June -
Portugal: Economy bounces back in Q2 According to a preliminary reading, GDP bounced back in the second quarter, growing 4.9% on a seasonally-adjusted quarter-on-quarter basis and... -
Kenya: Inflation rises in July Consumer prices increased a seasonally-adjusted 0.20% in July over the previous month, picking up from the 0.12% rise seen in... -
Korea: Industrial output growth moderates in June Industrial output grew 11.9% compared to the same month a year earlier in June, easing from May’s 14.9% increase. On... -
Slovenia: Inflation increases in July Consumer prices rose 0.41% over the previous month in July, below June’s 0.58% rise. July’s result marked the softest rise... -
Euro Area: Unemployment rate drops in June Labor market conditions in the common currency block improved in June. The number of unemployed people decreased by 423,000, with... -
Spain: Housing permits decline in May The Spanish Board of Architects approved 8,976 new construction permits in May, according to data published by the Ministry of... -
Spain: Unemployment rate falls in Q2 The jobless rate fell from 16.0% in Q1 to 15.3% in the second quarter, amid easing restrictions and an acceleration... -
Germany: Business confidence declines but remains in optimistic terrain in July Business confidence fell to 100.8 in July from June’s 101.7. However, the index remained north of the 100-threshold, indicating optimism... -
Germany: Consumer sentiment expected to stagnate in August The GfK consumer climate index is expected to stabilize at July’s minus 0.3 in August, as more infectious Covid-19 strains...