The economy shifted into a lower gear in the second quarter, with annual GDP growth decelerating to 1.9% from an...
Latest Global Economic News
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Nigeria: Economy loses steam in Q2 -
Australia: Weak start to Q3 for Australian consumers Nominal retail sales in July contracted 0.1% over the previous month in seasonally-adjusted terms, swinging from June’s healthy 0.4% increase.... -
Australia: RBA holds its ground in September At its 3 September monetary policy meeting, the Reserve Bank of Australia (RBA) kept the cash rate unchanged at an... -
Latvia: Industrial output dips in July Industrial production fell 1.3% in annual working-day adjusted terms in July, contrasting June’s robust 4.4% increase. July’s deterioration was chiefly... -
Korea: Inflation hits record low in August Consumer prices increased 0.2% over the prior month in August, contrasting July’s 0.3% fall. Higher prices for food and non-alcoholic... -
Colombia: Exports fall at sharpest year-to-date pace in July Exports sank 9.9% over the same month of the previous year in July, following the 8.7% year-on-year decline in June.... -
South Africa: Economy surpasses expectations in Q2, averting technical recession South Africa’s economy escaped technical recession in the second quarter, bouncing back from the first-quarter’s marked contraction, leading to gains... -
Chile: Central Bank slashes key rate to over nine-year low in September At its 3 September monetary policy meeting, the board of the Central Bank of Chile (BCCh) unanimously decided to cut... -
Brazil: Industrial production drops for third consecutive month in July Industrial production fell 0.3% month-on-month in seasonally-adjusted terms in July, which followed June’s revised 0.7% fall (previously reported: -0.6% month-on-month)... -
Turkey: Inflation slows in August Consumer prices rose 0.86% in August compared to the previous month, down from July’s 1.36% increase. The slowdown was driven...