A preliminary release revealed that GDP contracted 3.5% year-on-year in Q3, beating market expectations and softening from Q2’s 11.4% plunge,...
Latest Global Economic News
-
Ukraine: Economy contracts at milder pace in Q3 as Covid-19 restrictions are loosened -
Bulgaria: Inflation drops to near four-year low in October Consumer prices rose 0.64% over the previous month in October, contrasting the 0.63% fall seen in September and marking the... -
Israel: Economy grows at fastest pace on record in Q3 Economic activity rebounded in the third quarter, with GDP expanding 37.9% in seasonally-adjusted annualized terms (SAAR), contrasting the 29.8% contraction... -
China: Industrial output growth stable in October Industrial output rose 6.9% year-on-year in October (September: +6.9% yoy). Looking at the details of the release, manufacturing output weakened... -
China: Retail sales record quickest growth since December 2019 in October Retail sales expanded 4.3% year-on-year in October (September: +3.3% yoy). The reading marked the strongest rise since December 2019. On... -
China: Nominal fixed investment grows at quickest pace since December 2019 in January—October Nominal urban fixed asset investment expanded 1.8% in January—October over the same period in 2019 (January—September: +0.8%). The print marked... -
China: Growth in house prices decelerates further in October House prices in 70 large- and medium-sized cities increased 0.2% in October in month-on-month terms according to a weighted average... -
Argentina: Inflation increases in October Consumer prices soared 3.76% over the last month in October, above the 2.84% increase logged in September and the marking... -
Dominican Republic: Inflation steady in October Consumer prices increased 0.66% from the previous month in October, accelerating from the 0.60% rise logged in September. October’s reading... -
Philippines: Remittances rebound in September Remittances summed USD 2.6 billion in September, representing a 9.3% year-on-year expansion. This follows August’s 4.1% year-on-year fall. On a...