Spain’s current account balance recorded a surplus of EUR 0.8 billion in May, markedly below the EUR 3.8 billion surplus...
Latest Global Economic News
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Spain: Current account surplus shrinks notably in May -
Dominican Republic: Central Bank stands pat in July amid ongoing peso weakness At its end-July meeting, the Central Bank (BCRD) left its policy rate unchanged at 3.50% for the fourth straight meeting.... -
Canada: Economic output rebounds in May, signaling a stabilization in activity The economy grew 4.5% month-on-month in May, contrasting April’s titanic 11.7% decrease and well above Statistics Canada’s preliminary estimate of... -
Belgium: GDP falls at unprecedented pace in Q2 According to a preliminary estimate, GDP plunged 12.2% on a seasonally-adjusted quarter-on-quarter basis in the second quarter, marking the worst... -
Slovenia: Inflation hits highest level since March in July Consumer prices fell a seasonally-adjusted 0.11% over the previous month in July, swinging from the 1.29% rise recorded in June.... -
Poland: Inflation moderates in July Consumer prices dipped 0.1% over the previous month in July, contrasting June’s 0.6% jump. Lower prices for food and non-alcoholic... -
Switzerland: Retail sales growth slows in June Retail sales rose 1.1% in June (May: +6.2%). The figure was largely due to a deterioration in food, beverages, and... -
Korea: Business confidence improves but remains in negative territory in August The Bank of Korea’s forward-looking business confidence indicator for manufacturers rose to 57 in August from July’s 51. August’s result... -
Austria: Consumer confidence falls in July Consumer confidence fell to minus 10.0 in July from June’s minus 8.0. As a result, the index moved further below... -
Portugal: Decline in industrial activity softens in June Industrial production decreased 14.6% year-on-year in June (May: -27.3% yoy). The ease from May’s decline was fueled by softer declines...