GDP fell 0.2% in seasonally adjusted annualized rate terms (SAAR) in the second quarter, below the 2.6% expansion seen in...
Latest Global Economic News
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Canada: GDP records sharpest contraction since Q2 2021 in the second quarter -
Korea: Industrial activity drops at sharpest pace since February in July Industrial output fell 2.0% in month-on-month seasonally-adjusted terms in July, which was a larger contraction than June’s 1.5% decrease. The... -
Greece: Unemployment rate declines in July July’s data sent mixed signals about the labor market. The number of employed people decreased by 3,057 compared with June,... -
Euro Area: Unemployment rate stable in July The seasonally adjusted unemployment rate came in at 6.4% in July, unchanged from June. Seven economies saw their unemployment rates... -
Estonia: Economy extends recession, slides at a softer rate in the second quarter GDP slid at a milder rate of 2.9% year on year in the second quarter, a softer contraction than the... -
Euro Area: Inflation dips in August Harmonized inflation remained dipped to 5.2% in August from 5.2% in September. The print represents the lowest rate since the... -
Portugal: GDP records null growth in the second quarter GDP was flat on a seasonally adjusted quarter-on-quarter basis in the second quarter, below the 1.6% expansion logged in the... -
Dominican Republic: Central Bank resumes loosening cycle in August At its meeting on 31 August, the Central Bank of the Dominican Republic (BCRD) resumed its loosening cycle and delivered... -
Switzerland: KOF Economic Barometer eases in August The KOF Economic Barometer came in at 91.1 in August, down from July’s 92.1. Consequently, the index remained below the... -
Hong Kong: Retail sales growth eases in July but remains in double digits Retail sales increased 14.0% compared to the same month a year earlier in July, which was a deterioration from June’s...