Industrial output decreased 12.2% year-on-year in June (May: -27.6% yoy), according to a preliminary estimate. Although the fall was softer...
Latest Global Economic News
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Hungary: Decline in industrial output softens in June -
Argentina: Pace of contraction in industrial output softens considerably in June Industrial output decreased 6.6% year-on-year in June (May: -26.4% yoy). The steepest contractions were recorded in the production of textiles... -
Greece: Unemployment rate jumps in May on Covid-19 hit The number of unemployed workers rose by 48,444 in May compared to April while the seasonally-adjusted unemployment rate jumped to... -
United Kingdom: BoE leaves monetary policy unchanged in August, adopts slightly more optimistic tone At its meeting ending on 4 August, the Bank of England (BoE) left the policy rate at a record low... -
Czech Republic: Decline in industrial output eases again in July Industrial production declined 5.0% year-on-year in working-day adjusted terms in July, which followed June’s 10.5% slump. Accordingly, the trend pointed... -
Argentina: Argentina strikes deal with creditors, setting stage for crucial negotiations with IMF On 4 August, the Argentinian government reached an agreement with its biggest creditors to restructure around USD 65 billion in... -
Guatemala: Remittances grow at a stronger pace in June Remittances totaled a record-high USD 1,078 million in July (June: USD 963.3 billion), representing a 13.8% year-on-year increase—a five month... -
Thailand: Consumer prices fall at milder rate in annual terms in July Consumer prices increased 0.66% in July over the previous month, slowing from June’s 1.56% rise. The result was largely driven... -
Cyprus: Consumer prices decline in annual terms for fourth consecutive month in July Consumer prices declined 0.76% from the previous month in July, following June’s 0.42% slip. July’s fall was primarily driven by... -
Uruguay: Central Bank increases M1+ target and initiates move to interest rate At its meeting on 8 August, the Monetary Policy Committee (COPOM) of the Central Bank of Uruguay decided to raise...