The business confidence index produced by National Australia Bank (NAB) fell from a revised zero-point to minus 14 points in...
Latest Global Economic News
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Australia: Business confidence sours in July and returns to pessimism -
China: Credit conditions deteriorate in July In July, Chinese banks distributed CNY 993 billion (USD 143 billion) in new yuan loans. The reading came in below... -
Singapore: Second estimate revises GDP contraction down to new record low in Q2 Singapore’s economy performed worse in Q2 than initially estimated, according to new figures released on 11 August. GDP nosedived a... -
Belgium: Industrial activity drops again in June Industrial output collapsed 10.5% in June, which was a deterioration from May’s 5.3% decrease. The notable drop was partly driven... -
Canada: Housing starts rise in July Housing starts increased to 245,604 units on a seasonally-adjusted annualized rate (SAAR) basis in July, according to the Canada Mortgage... -
Russia: GDP plummets in Q2 amid Covid-19 According to a preliminary estimate released by Rosstat on 11 August, GDP plunged 8.5% in annual terms in the second... -
Lithuania: Inflation steady in July Consumer prices dropped 0.28% in July over the last month, contrasting the 0.51% increase recorded in June. The decrease was... -
Turkey: Consumer confidence falls in August Consumer confidence fell to 59.6 in August from July’s 60.9. As a result, the index moved further below the 100-threshold,... -
Slovakia: Decline in industrial activity softens in June Industrial output fell 8.5% compared to the same month of the previous year in June, which was far above May’s... -
Slovenia: Decline in industrial output softens in June Industrial output fell 12.0% in year-on-year terms in June, which followed May’s 16.3% decrease. June’s smaller drop was largely due...