Latest reading: In July, the trade balance was USD +2.1 billion, following a USD +2.5 billion reading in the prior...
Latest Global Economic News
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Peru: Merchandise trade surplus narrows in July -
United Kingdom: Economy stagnates in July GDP reading: GDP flatlined on a seasonally adjusted month-on-month basis in July, following a 0.4% increase in the prior month... -
Japan: Industrial activity contracts at sharpest pace since November 2024 in July Latest reading: Industrial output declined 1.2% month-on-month in seasonally adjusted terms in July (June: +2.1% mom). The result marked the... -
India: Inflation rises for first time in 10 months in August Latest reading: After declining for nine months, inflation rose to 2.1% in August from July’s over eight-year low of 1.6%.... -
Russia: Bank of Russia trims rate less than expected in September Monetary policy easing cycle loses steam: At its meeting on 12 September, the Bank of Russia decided to cut the... -
Turkey: Current account swings to surplus in July Latest reading: The current account posted a USD 1.8 billion surplus in July, improving from the USD 2.0 billion deficit... -
Nigeria: Nigerian oil production eases in August Latest reading: Brent crude oil prices averaged USD 67.24 per barrel in August, down 3.3% from July. On 29 August,... -
South Africa: Manufacturing production shrinks in July Latest reading: Manufacturing production was down 0.5% on a seasonally adjusted month-on-month basis in July, following a 0.4% increase in... -
Angola: Inflation falls to a near two-year low in August Latest reading: Inflation came in at 18.9% in August, down from 19.5% in July, easing for the 13th consecutive month... -
Belarus: Inflation drops to lowest level since May in August Latest reading: Inflation edged down to 7.2% in August, which followed July’s 7.4%. August’s figure represented the weakest inflation rate...