Merchandise exports fell 5.1% annually in September, contrasting August’s 3.8% rise. September’s outturn marked the largest fall since August 2020,...
Latest Global Economic News
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Mexico: Merchandise exports drop in September -
Brazil: Sentiment deteriorates among consumers and industrial-sector business in October The seasonally adjusted consumer confidence index published by the Getulio Vargas Foundation (Fundação Getúlio Vargas) declined to 93.2 in October,... -
Poland: Industrial activity falls at sharpest pace since April in September Industrial production dropped 3.1% year on year in September (August: -1.9% yoy). The result marked the worst reading since April.... -
Euro Area: ECB stands pat for first time in 15 months At its 26 October meeting, the European Central Bank (ECB) kept the main refinancing operations, marginal lending facility and deposit... -
Spain: Unemployment rate rises in third quarter of the year The jobless rate rose to 11.8% in Q3 from 11.6% in the second quarter. In absolute terms, the number of... -
Australia: Inflation moderates in Q3 Inflation declined to 5.4% in Q3 from 6.0% in Q2, marking the softest figure since Q1 2022 but surprising markets... -
New Zealand: Inflation moderates in Q3 Inflation declined to 5.6% in Q3 from 6.0% in Q2. It therefore remained entrenched above the Central Bank’s 1.0%-3.0% target... -
Turkey: Tightening cycle continues in October On 26 October, the Central Bank of the Republic of Turkey (CBRT) raised the one-week repo rate to 35.00% from... -
Israel: Economic prospects for Q4 and 2024 deteriorate due to war —GDP to take a hit in Q4 and 2024. —The shekel has reached an over-decade low in recent weeks. —The... -
United States: Economy records best reading since Q4 2021 in Q3 GDP growth picked up to 4.9% in seasonally adjusted annualized rate terms (SAAR) in the third quarter, from 2.1% in...