According to the Nationwide Building Society (NBS), house prices in the United Kingdom rose 0.9% month-on-month in September, down from...
Latest Global Economic News
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United Kingdom: House prices continue to increase in September -
Spain: Housing permits decline for seventh straight month in July; housing prices fall for first time in over... The Spanish Board of Architects approved 6,143 new construction permits in July, according to data published by the Ministry of... -
Spain: Current account surplus shrinks again in July Spain’s current account balance recorded a surplus of EUR 1.4 billion in July, significantly below the EUR 3.7 billion surplus... -
Switzerland: KOF economic barometer hits ten-year high in September, boding well for outlook ahead The KOF economic barometer—a leading composite indicator for the Swiss economy—rose to 113.8 in September from 110.2 in August, marking... -
Saudi Arabia: GDP contracts deeply in Q2 as both the oil and non-oil sectors reel The economy contracted 7.0% on an annual basis in the second quarter, after dipping 1.0% in the first quarter. The... -
UAE: Economy notably contracts in Q2 on non-oil sector downturn According to preliminary data released by the Central Bank of the UAE, GDP dropped 7.8% in year-on-year terms in the... -
France: Inflation logs weakest reading in over four years in September Consumer prices dropped a seasonally-adjusted 0.50% in September over the previous month, a sharper drop than August’s 0.10% decrease ,... -
Ecuador: GDP crashes in Q2 on Covid-19 and low oil price fallout The economy was pummeled in the second quarter on the double shock of the Covid-19 outbreak and low oil prices,... -
Portugal: Industrial output posts quickest growth since December 2019 in August Industrial production expanded 3.0% year-on-year in August (July: -8.8% yoy). The print marked the strongest expansion since December 2019. The... -
Guatemala: Central Bank keeps rate unchanged in September amid expected pickup in inflation At its 30 September meeting, the Monetary Board of the Central Bank of Guatemala opted to leave the monetary policy...