September industrial production data did little to diminish fears of a technical recession in Germany. At the close of the...
Latest Global Economic News
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Germany: Industrial production contracts more than expected in September -
Philippines: Economy revs up in Q3 for the first time this year The economy turned a corner in the third quarter as growth accelerated for the first time this year. GDP expanded... -
South Africa: Manufacturing production contracts more sharply in September Manufacturing output fell 2.4% year-on-year in September following a revised 1.5% drop in August (previously reported: -1.8% year-on-year). The sharper... -
Greece: Unemployment rate dips to its lowest since April 2011 in August The number of unemployed workers fell by 9,932 in August compared to July while the seasonally-adjusted unemployment rate slid to... -
Brazil: Inflation drops to lowest level since August 2017 in October Consumer prices rose 0.10% in October over the previous month, contrasting September’s 0.04%. The result marked the lowest reading recorded... -
Peru: Business confidence unchanged in October The business confidence indicator was stable at September’s 47.0 points in October. Thus, the indicator remained below the 50-point threshold... -
Peru: Trade surplus widens in September as contraction in exports eases Peru’s trade balance recorded a USD 462 million surplus in September, larger than August’s USD 139 million surplus but smaller... -
Austria: Consumer sentiment edges up but remains pessimistic in October Sentiment among Austrian consumers rose from minus 4 in September to minus 3 in October; however, the index remained entrenched... -
Peru: Weak economic prospects prompt the Central Bank to cut rates to a nine-year low in November At its monetary policy meeting on 7 November, the Central Bank of Peru (BCRP) cut the policy interest rate by... -
United Kingdom: BoE stays put in November but adopts dovish tone; two committee members call for cuts At its meeting ending on 6 November, the Monetary Policy Committee (MPC) of the Bank of England (BoE) voted to...