Inflation dipped to 0.8% in July, down from June’s 0.9%. July’s figure represented the weakest inflation rate since July 2023....
Latest Global Economic News
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Panama: Inflation remains at lowest level since July 2023 in July -
Philippines: BSP chops rates for the first time in nearly four years in August At its meeting on 15 August, the Monetary Board of Bangko Sentral Pilipinas (BSP) decided to lower the target reverse... -
UAE: Dubai inflation declines to lowest level since December 2023 in July Inflation in Dubai fell to 3.3% in July from June’s 3.9%. July’s figure marked the lowest inflation rate since December... -
Australia: Unemployment rate rises in July The seasonally adjusted unemployment rate ticked up to 4.2% in July from June’s 4.1% reading, surprising markets on the upside.... -
Japan: Economy bounces back stronger than expected in Q2 GDP reading: The economy rebounded in Q2, expanding 3.1% in seasonally adjusted annualized rate quarter-on-quarter terms (SAAR) in Q2, improving... -
Saudi Arabia: Inflation holds steady in July Inflation held steady at June’s 1.5% in July. Lower price pressures for food were offset by higher price pressures for... -
United States: Retail sales grow at fastest pace since January 2023 in July Retail sales grew 1.0% month-on-month in seasonally adjusted terms in July (June: -0.2% mom). The result marked the best reading... -
New Zealand: Central Bank cuts rates in August Latest bank decision: At its meeting on 14 August, the Central Bank cut the Official Cash Rate by 25 basis... -
Ghana: Inflation falls to an over two-year low in July Inflation dropped to 21.0% in July, below June’s 22.8%. July’s reading represented the weakest inflation rate since March 2022 and... -
Slovenia: GDP records slowest increase in one-and-a-half years in Q2 GDP reading: GDP growth waned to 0.7% year on year in the second quarter from 2.1% in the first quarter,...