The economy contracted at an unprecedented rate in the second quarter as the full brunt of Covid-19 related restrictions was...
Latest Global Economic News
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Czech Republic: GDP collapses at unprecedented clip in Q2 on Covid-19 hit -
UAE: Consumer prices fall at milder rate in June Consumer prices rose 0.33% over the previous month in June, picking up from May’s 0.09% increase. June’s reading was the... -
Estonia: Industrial activity decreases in June Industrial output slid 5.5% year-on-year in seasonally- and calendar-adjusted in June, softening from May’s 17.6% plunge which had marked the... -
Latvia: Economy slips into recession as GDP shrinks at sharpest rate in over a decade in Q2 The economy fell into recession and shrank 9.8% year-on-year in the second quarter, according to preliminary national accounts data released... -
Colombia: BanRep cuts policy rate to new record low in July On 31 July, Colombia’s Central Bank (BanRep) decided to cut the benchmark interest rate by 25 basis points (bp) to... -
Spain: Economy contracts at another historic pace in Q2 on Covid-19 blow The economy contracted at yet another unprecedented pace in the second quarter as the Covid-19 outbreak and strict lockdown measures... -
Japan: Consumer confidence inches up in July The consumer confidence index came in at 29.5 in July, up from June’s 28.4. As a result, the index—which measures... -
Japan: Industrial activity shows signs of life in June Industrial production increased 2.7% in June in month-on-month seasonally-adjusted terms, contrasting the 8.9% decrease in May. This latest reading marks... -
United Kingdom: House prices rebound in July According to the Nationwide Building Society (NBS), house prices in the United Kingdom rose 1.7% month-on-month in July, contrasting June’s... -
France: Inflation hits highest level since February Consumer prices rose a seasonally-adjusted 0.42% over the previous month in July, picking up from the 0.08% rise seen in...