Inflation rose to 7.4% in July, following June’s 4.9%. July’s reading marked the highest inflation rate since April 2022. The...
Latest Global Economic News
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India: Inflation surges in July on sizzling vegetable prices -
China: Credit data disappoints in July In July, Chinese banks distributed CNY 346 billion in new yuan loans, down from June’s 3,051 billion figure and driven... -
Poland: Inflation declines to lowest level since February 2022 in July Inflation came in at 10.8% in July, down from June’s 11.5%. July’s reading marked the weakest inflation rate since February... -
Panama: Inflation rises in July Inflation came in at 0.6% in July, swinging from June’s 0.6% year-on-year drop in consumer prices. Looking at details of... -
Finland: Current account posts narrower deficit in June The current account posted a EUR 0.2 billion deficit in June, improving from the EUR 0.8 billion deficit recorded in... -
Australia: Business confidence improves in August Business confidence came in at 1.7 in August, up from July’s 1.4. August’s result marked the strongest sentiment since January.... -
Peru: Merchandise exports drop in June Merchandise exports decreased 8.2% annually in June, contrasting May’s 1.3% rise. The fall was largely due to lower prices for... -
United Kingdom: GDP records fastest growth since Q1 2022 in the second quarter GDP growth accelerated to 0.2% on a seasonally adjusted quarter-on-quarter basis in the second quarter from 0.1% in the first... -
Turkey: Current account swings to surplus for first time in 20 months in June The current account posted a USD 0.7 billion surplus in June, improving from the USD 7.8 billion deficit booked in... -
Argentina: Inflation remains in triple digits in July Inflation came in at 113.4% in July, which was down from June’s 115.6%. July’s result marked the weakest inflation rate...