Inflation rose to 5.4% in July, which was up from June’s 4.8%. Despite meeting market expectations, July’s reading represented the...
Latest Global Economic News
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Ukraine: Inflation reaches highest level since September 2023 in July -
Singapore: GDP growth inches down in the second quarter A second release confirmed that GDP growth eased to 2.9% year on year in the second quarter from 3.0% in... -
Turkey: Current account swings to surplus in June The current account posted a USD 0.4 billion surplus in June, improving from the USD 1.0 billion deficit posted in... -
Slovenia: Decline in industrial activity softens in June Industrial output fell 0.5% compared to the same month of the previous year in June, which was markedly softer than... -
Denmark: Inflation falls to three-month low in July Inflation dropped to 1.1% in July, following June’s 1.8%. July’s reading marked the weakest inflation rate since April and undershot... -
Uruguay: Manufacturing activity dips in June Manufacturing production contracted 1.8% year on year in June (May: +1.7% yoy). Looking at the details of the release, June’s... -
Nigeria: Nigerian oil production 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... -
Romania: Inflation increases in July Inflation rose to 5.4% in July, up from June’s 4.9%, marking the first uptick since January 2023 and overshooting market... -
Angola: Inflation ticks up to over seven-year high in July Inflation came in at 31.1% in July, which was up from June’s 31.0%. July’s figure was the highest reading since... -
Kuwait: Kuwait crude output falls more sharply year on year in July Kuwait oil output was roughly stable in July from June at 2.42 mbpd (million barrels per day), marking the joint-lowest...