Retail sales rose 4.1% in annual terms in July, which was above June’s 3.3% increase. July’s reading bodes well for...
Latest Global Economic News
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Switzerland: Retail sales speed up in July -
Australia: Covid-19 pandemic hits the economy hard in Q2 GDP fell 7.0% in seasonally-adjusted quarter-on-quarter terms in Q2, following Q1’s much softer 0.3% decrease, as Covid-19 and associated lockdown... -
Italy: Second estimate shows worse-than-expected Q2 collapse A second estimate revealed that Italy’s GDP collapsed 12.8% in Q2 over the previous period in seasonally- and working-day-adjusted terms,... -
Chile: Central Bank stands pat in September At its monetary policy meeting on 1 September, the board of the Central Bank of Chile unanimously decided to keep... -
Portugal: Decline in industrial activity softens in July Industrial output decreased 9.6% year-on-year in July (June: -14.6% yoy). The milder fall comes on softer overall declines in manufacturing,... -
Kazakhstan: Inflation decreases in August Consumer prices increased a seasonally-adjusted 0.10% in August over the previous month, a smaller increase than July’s 0.30% rise. August’s... -
Croatia: Industrial activity falls at softer pace in July Industrial output fell at a softer pace of 1.6% year-on-year in working-day adjusted terms in July (June: -1.8% yoy). Looking... -
Italy: Pace of decline in annual prices sharpens in August Consumer prices rose 0.3% month-on-month in August, contrasting July’s 0.1% dip. The figure mainly reflected higher prices for services related... -
Mexico: Remittances growth slows in July Remittances totaled USD 3.5 billion in July (June: USD 3.5 billion), representing a 7.2% increase from the same month a... -
Chile: Business confidence hits highest reading since February in August. Business confidence rose to 42.5 in August from July’s 37.8. August’s result marked the strongest sentiment since February. Consequently, the...