The consumer confidence index released by the National Institute of Statistics (ISTAT) dipped from 100.7 in June to 100.0 in...
Latest Global Economic News
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Italy: Consumer confidence weakens in July -
Italy: Business confidence improves somewhat but remains deeply pessimistic in July The National Institute of Statistics (Istat)’s composite business confidence indicator (Clima di Fiducia delle Imprese Italiane, IESE)—which covers the manufacturing,... -
United Kingdom: Consumer confidence picks up in July but remains depressed The consumer confidence index rose from minus 30 in June to minus 27 in July, driven by less pessimism regarding... -
Czech Republic: Economic sentiment jumps in July The economic sentiment indicator, published by the Czech Statistical Office (CSO), continued to rise from April’s over two-decade low in... -
Russia: Central Bank trims key policy rate to fresh low in July At its meeting on 24 July, the Board of Directors of the Central Bank of the Russian Federation (CBR) cut... -
Austria: Industrial activity increases at quickest rate in five years in May Industrial production jumped 9.2% month-on-month in May, marking the quickest expansion since current records began five years ago and swinging... -
Mexico: Decline in economic activity softens markedly in May The monthly indicator for economic activity (IGAE) decreased 2.6% month-on-month in seasonally-adjusted terms in May, which followed April’s 17.3% record-breaking... -
Euro Area: EUR 750 billion spending plan to boost economies of southern Europe, but challenges remain On 21 July, after five days of tough negotiations, EU leaders finally agreed on a EUR 750 billion coronavirus recovery... -
Turkey: Consumer confidence deteriorates in July Consumer confidence fell to 60.9 in July from June’s 62.6. Consequently, the index remained below the 100-threshold, and indicated pessimism... -
Denmark: Consumer confidence improves in July but remains pessimistic Consumer confidence came in at minus 2.9 in July, up from June’s minus 3.1. Consequently, the index remained below the...