The economy was dealt a severe blow by the oil price slump and Covid-19-induced restrictions in the second quarter. Economic...
Latest Global Economic News
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Nigeria: Economy contracts heavily in Q2 on double pandemic and oil price blow -
Israel: Bank of Israel keeps rates unchanged in August At its 24 August meeting, the Bank of Israel (BoI) left the policy rate at 0.10%, as expected. The decision... -
Singapore: Consumer prices record smallest fall in four months in July Consumer prices fell 0.32% from the previous month in July, contrasting the 0.02% increase seen in June. July’s result marked... -
Thailand: Merchandise exports contract at softer rate in July Merchandise exports fell 11.4% over the same month last year in July, softening from June’s 23.2% dive. The improvement was... -
Denmark: Inflation hits highest level since February in July Consumer prices increased a seasonally-adjusted 0.78% over the previous month in July, accelerating from the 0.10% increase recorded in June.... -
Israel: Composite State of the Economy Index records first expansion for six months in July The Bank of Israel’s Composite State of the Economy Index increased 0.15% month-on-month in seasonally-adjusted terms in July, which contrasted... -
United Kingdom: Consumer confidence remains pessimistic in August Consumer confidence was unchanged at July’s minus 27.0 in August. While consumers grew more downbeat about the general economy, they... -
Peru: Economic activity falls at softer pace in June Economic activity declined 18.1% year-on-year in June, a softer fall then April and May’s plunges due to lockdown measures to... -
Poland: Retail sales rebound in July Retail sales rose 2.7% compared to the same month a year earlier in July, which contrasted June’s 1.9% decrease. July’s... -
Lithuania: Industrial activity broadly stable in July Industrial production fell 1.4% year-on-year in July (June: -1.2% yoy). The downturn largely reflected deteriorations in mining and quarrying, and...