Inflation was stable at 2.8% for the third month running in July. July’s reading represented the joint-highest inflation rate since...
Latest Global Economic News
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Japan: Inflation remains at highest level since October 2023 in July -
Angola: Angolan oil output rises in July Brent crude oil prices averaged USD 84.05 per barrel in July, up 1.4% from June. On 31 July, the commodity... -
Korea: Bank of Korea leaves rates unchanged in August Latest bank decision: At its meeting on 22 August, the Monetary Policy Board of the Bank of Korea decided to... -
Poland: Retail sales growth remains stable in July Retail sales grew 4.4% compared to the same month of the previous year in July, unchanged from June. The reading... -
Israel: Decline in economic activity softens in July The Bank of Israel’s Composite State of the Economy Index declined 0.03% in month-on-month seasonally adjusted terms in July, which... -
Norway: Economy accelerates in Q2 GDP reading: The Norwegian economy gained notable steam in the second quarter, when nationwide GDP growth improved to 1.4% from... -
Malaysia: Inflation remains at joint-lowest level since April in July Inflation was stable at June’s 2.0% in July. July’s reading marked the joint-lowest inflation rate since April. Looking at the... -
Peru: Economic activity growth slows sharply in June Economic activity increased 0.2% year on year in June (May: +5.1% yoy). Looking at the details of the release, the... -
Indonesia: Central Bank stands pat in August Latest bank decision: At its meeting on 20–21 August, Bank Indonesia (BI) decided to maintain the BI-Rate at an eight-year... -
Japan: Weak yen pushes up merchandise exports in July Yen-denominated merchandise exports rose 10.3% in annual terms in July, up from June’s 5.4% rise. July’s result was the third-best...