According to preliminary data released by the Bank of Korea, the economy contracted 3.3% in quarter-on-quarter seasonally-adjusted (qoqsa) terms in...
Latest Global Economic News
-
Korea: Economy contracts in Q2 at most dramatic pace in decades -
Poland: Retail sales fall at softer pace in June Retail sales fell 1.9% year-on-year in June (May: -8.6% yoy). The upturn was primarily due to an improvement in motor... -
Netherlands: Consumer confidence remains pessimistic July Consumer confidence rose to minus 26.0 in July from June’s minus 27.0. Consequently, the index remained markedly below the 0-threshold,... -
Canada: Inflation returns in June, but remains below the Bank’s target range Consumer prices increased 0.96% from a month earlier on a seasonally-adjusted basis in June, stronger than the 0.15% rise in... -
Argentina: Economic activity decreases at softer pace in May Economic activity dropped 20.6% year-on-year in May (April: -26.3% yoy). In terms of specific sector, the contraction in activity was... -
Malaysia: Consumer prices drop at softer pace in June Consumer prices rose a seasonally-adjusted 1.02% from the previous month in June, accelerating from May’s 0.26% rise. June’s uptick marked... -
Costa Rica: Central Bank leaves interest rate unchanged in July At its monetary policy meeting on 22 July, the Central Bank of Costa Rica (BCCR) maintained the monetary policy rate... -
Hong Kong: Inflation falls to lowest level since March 2017 in June Consumer prices were unchanged in June over the last month, matching the flat result seen in May. Looking at the... -
Japan: Core consumer prices hold steady in June in annual terms The core consumer price index, which excludes the price of fresh food, rose 0.1% in June over the previous month... -
Hungary: MNB cuts base rate again in July On 21 July, the Monetary Council of the Hungarian National Bank (MNB) cut the base rate by another 15 basis...