Inflation fell to 2.5% in July, edging down from June’s 2.7%. The moderation was driven by a sharper decline in...
Latest Global Economic News
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Belarus: Inflation moderates in July -
Russia: Economy records best growth reading since Q4 2021 in Q2 2023 According to a preliminary reading, GDP rebounded in the second quarter, increasing 4.9% year on year, above the 1.8% contraction... -
Philippines: GDP grows at softest pace since Q1 2021 in the second quarter According to a preliminary estimate, GDP growth waned to 4.3% year on year in the second quarter, down from 6.4%... -
Austria: Industrial output deteriorates in June Industrial output slid 1.4% in month-on-month seasonally adjusted terms in June, matching May’s 1.4% decrease. Looking at the details of... -
Belgium: Industrial activity drops at sharpest pace in a year in June Industrial production dropped 7.6% year on year in calendar adjusted terms in June, a steeper contraction than May’s 6.4%. The... -
South Africa: Manufacturing activity rebounds in June Manufacturing production grew 1.2% month on month in seasonally adjusted terms in June (May: -1.3% mom). Looking at the details... -
Guatemala: Economic activity growth accelerates in June Economic activity expanded 4.4% compared to the same month of the previous year in June, accelerating from May’s 3.5% growth.... -
Norway: Inflation falls to over one-year low in July Inflation came in at 5.4% in July, down from June’s 6.4%. July’s reading represented the weakest inflation rate since April... -
United States: Inflation rises in July but undershoots market expectations Inflation came in at 3.2% in July, up from June’s 3.0% but slightly below market expectations of 3.3%. The reading... -
Peru: Central Bank keeps rates unchanged in August At its 10 August meeting, the Central Bank of Peru (BCRA) kept its key policy interest rate unchanged at 7.75%,...