At its monetary policy meeting on 1 September, the board of the Central Bank of Chile unanimously decided to keep...
Latest Global Economic News
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Chile: Central Bank stands pat in September -
Portugal: Decline in industrial activity softens in July Industrial output decreased 9.6% year-on-year in July (June: -14.6% yoy). The milder fall comes on softer overall declines in manufacturing,... -
Kazakhstan: Inflation decreases in August Consumer prices increased a seasonally-adjusted 0.10% in August over the previous month, a smaller increase than July’s 0.30% rise. August’s... -
Croatia: Industrial activity falls at softer pace in July Industrial output fell at a softer pace of 1.6% year-on-year in working-day adjusted terms in July (June: -1.8% yoy). Looking... -
Italy: Pace of decline in annual prices sharpens in August Consumer prices rose 0.3% month-on-month in August, contrasting July’s 0.1% dip. The figure mainly reflected higher prices for services related... -
Mexico: Remittances growth slows in July Remittances totaled USD 3.5 billion in July (June: USD 3.5 billion), representing a 7.2% increase from the same month a... -
Chile: Business confidence hits highest reading since February in August. Business confidence rose to 42.5 in August from July’s 37.8. August’s result marked the strongest sentiment since February. Consequently, the... -
Euro Area: Unemployment rate ticks up in July, again held down by short-time work schemes Labor market conditions in the common currency block deteriorated again in July alongside the relaxation of some Covid-19 containment measures;... -
Czech Republic: GDP records largest drop on record in Q2 amid Covid-19 health crisis GDP plunged a revised 11.0% year-on-year in Q2 (previously reported: -10.7% yoy), coming in well below the 1.9% contraction seen... -
Brazil: Economy shrinks at record pace in Q2 on Covid-19 blow GDP nosedived 9.7% on a seasonally-adjusted quarter-on-quarter basis in Q2, severely below the 2.5% contraction seen in the first quarter,...