Manufacturing output dropped 16.3% compared to the same month a year earlier in June, which was above May’s 32.4% decrease....
Latest Global Economic News
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South Africa: Manufacturing production declines at softer rate in June -
Hungary: Inflation hits highest level in four months in July Consumer prices rose 1.10% in July over the last month, picking up from June’s 0.40% increase. July’s figure was the... -
Indonesia: Decline in retail sales softens in June amid easing of Covid-19 restrictions, but remains marked Retail sales slid 17.1% compared to the same month a year earlier in June, which was a less pronounced drop... -
Australia: Business confidence sours in July and returns to pessimism The business confidence index produced by National Australia Bank (NAB) fell from a revised zero-point to minus 14 points in... -
China: Credit conditions deteriorate in July In July, Chinese banks distributed CNY 993 billion (USD 143 billion) in new yuan loans. The reading came in below... -
Singapore: Second estimate revises GDP contraction down to new record low in Q2 Singapore’s economy performed worse in Q2 than initially estimated, according to new figures released on 11 August. GDP nosedived a... -
Belgium: Industrial activity drops again in June Industrial output collapsed 10.5% in June, which was a deterioration from May’s 5.3% decrease. The notable drop was partly driven... -
Canada: Housing starts rise in July Housing starts increased to 245,604 units on a seasonally-adjusted annualized rate (SAAR) basis in July, according to the Canada Mortgage... -
Russia: GDP plummets in Q2 amid Covid-19 According to a preliminary estimate released by Rosstat on 11 August, GDP plunged 8.5% in annual terms in the second... -
Lithuania: Inflation steady in July Consumer prices dropped 0.28% in July over the last month, contrasting the 0.51% increase recorded in June. The decrease was...