The economy slowed for the fifth consecutive quarter in the second quarter, with year-on-year growth dipping to 0.5%, a notch...
Latest News
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Hong Kong: Economic growth slows for fifth consecutive quarter in Q2; near-term prospects look bleak -
South Africa: Rand tumbles on slew of worrisome news On 16 August, the rand traded at 15.23 per USD, a 8.7% depreciation from the same day in July. The... -
Turkey: Industrial output declines in June Turkish industrial production fell 3.9% year-on-year in June, down from May’s 1.3% fall. The drop in production was driven by... -
Russia: Industrial output growth moderates in July Annual industrial output growth came in at 2.8% in July, softening from June’s 3.3% year-on-year jump. The deceleration was chiefly... -
Kazakhstan: Industrial production slows in July Industrial production grew 3.2% in July, down from June’s 5.9% which had marked an over-year high. A breakdown of industrial... -
Australia: Despite a surge in job creation, unemployment rate remains unchanged in July Seasonally-adjusted employment rose by 41,100 in July, contrasting a revised 2,300 jobs slashed in June (previously reported: +500). July’s result... -
Brazil: Economic activity decelerates in June In June, economic activity increased 0.3% in seasonally-adjusted month-on-month terms, according to the Central Bank’s monthly indicator for economic activity.... -
Argentina: Inflation slows for the second consecutive month in July National consumer prices rose 2.2% over the previous month in July, coming in below June’s 2.7% month-on-month increase and marking... -
Philippines: Remittances inflows growth contracts in June Cash remittances from Overseas Filipino Workers (OFW) rose a total of USD 2.3 billion in June, declining 2.9% over the... -
United States: Robust retails sales growth in July signals strong start to Q3 consumer spending Nominal retail sales rose 0.7% over the previous month in seasonally-adjusted terms in July, increasing from June’s revised 0.3% increase...