The Getulio Vargas Foundation’s (FGV, Fundaçao Getúlio Vargas) industrial business confidence came in at 89.8 in July, up from June’s...
Latest Global Economic News
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Brazil: Business confidence strengthens albeit remains in pessimistic territory in July -
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,... -
Argentina: Exports continue to fall amid coronavirus crisis in June Exports fell 8.6% in year-on-year terms in June, following May’s sharper 16.3% dive. The print was again the result of... -
Brazil: Current account logs another surplus in June Brazil’s current account balance registered a surplus for the fourth month straight in June, logging a USD 2.2 billion surplus.... -
Belgium: Consumer sentiment weakens in July; businesses significantly less pessimistic The consumer confidence indicator produced by the National Bank of Belgium (NBB) dipped from minus 19 in June to minus...