On an annual basis, manufacturing output’s fall decelerated to 17.7% in June (May: -23.8% yoy). The print therefore marked a...
Latest Global Economic News
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Thailand: Manufacturing production decreases at slower pace in June -
Hong Kong: GDP plunges at sharpest rate on record in Q2 The economy contracted 9.0% in year-on-year seasonally-adjusted (yoysa) terms in the second quarter, resulting in the second fastest contraction since... -
Korea: Consumer sentiment further improves in July The Bank of Korea’s composite consumer sentiment index rose to 84.2 in July, up from 81.8 in June. Nevertheless, the... -
Brazil: Business confidence strengthens albeit remains in pessimistic territory in July The Getulio Vargas Foundation’s (FGV, Fundaçao Getúlio Vargas) industrial business confidence came in at 89.8 in July, up from June’s... -
Kenya: Central Bank leaves rates unchanged in July At its 29 July meeting, the Monetary Policy Committee (MPC) of Kenya’s Central Bank held the Central Bank Rate stable... -
Sweden: Economic sentiment remains downbeat, despite further improvement in July The economic tendency indicator climbed to 83.4 in July from June’s 75.3. Nevertheless, the indicator remains below 100, which signals... -
United States: Fed keeps rates at effective floor and sustains its commitment to expanding its balance sheet At its 28–29 July meeting, the Federal Open Market Committee (FOMC) decided to hold the target range for the federal... -
Vietnam: Inflation hits highest level since March in July Consumer prices rose 0.40% over the previous month in July, coming in below June’s 0.66% increase. July’s increase was due... -
South Africa: Inflation rises in June Consumer prices increased 0.52% in June over the previous month, swinging from the 0.61% drop seen in May. June’s result... -
Spain: Unemployment rate increases to two-year high in Q2 on Covid-19 fallout The jobless rate climbed from 14.4% in the first quarter to a two-year high of 15.3% in the second quarter,...