The economy contracted in the second quarter, with GDP decreasing 0.4% quarter on quarter, coming in below a preliminary estimate...
Latest Global Economic News
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Italy: GDP contracts faster than previously reported in Q2 -
Cyprus: GDP grows at softest pace since Q1 2021 in Q2 GDP growth waned to 2.1% year on year in the second quarter, from 3.1% in the first quarter. Q2’s reading... -
Taiwan: GDP bounces back in the second quarter GDP rebounded, growing 1.5% year on year in the second quarter, contrasting the 2.9% contraction recorded in the first quarter.... -
Korea: Exports beat expectations in August Merchandise exports decreased 8.3% annually in August, on the heels of July’s 16.4% plunge and exceeding market expectations of a... -
Brazil: GDP growth slows in Q2 GDP growth slowed to 0.9% on a seasonally adjusted quarter-on-quarter basis in the second quarter, down from 1.8% in the... -
Poland: Business sentiment rises in August Business sentiment rose to minus 12.0 in August from July’s minus 14.0. Therefore, the index remained entrenched below the 0-threshold,... -
Vietnam: Industrial output growth deteriorates in August Industrial production rose 2.6% year on year in August (July: +3.7% yoy). In August, growth in industrial output was driven... -
Serbia: Industrial output growth accelerates in July Industrial output expanded 2.7% in year-on-year terms in July, which followed June’s 0.5% increase. July’s improvement was driven by a... -
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...