The economy contracted 0.3% on a seasonally adjusted quarter-on-quarter basis in Q2, following the first quarter’s 0.4% contraction. Household spending...
Latest Global Economic News
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Netherlands: GDP declines again on a sequential basis in Q2 -
Japan: Industrial output rebounds in June Industrial output rose 2.4% month-on-month in seasonally-adjusted terms in June (May: -2.2% mom). The rebound was partly due to a... -
Colombia: Economic activity growth gains steam in June Economic activity expanded 1.7% year on year in June (May: +0.1% yoy). The upturn was largely driven by growth in... -
Uruguay: Central Bank cuts policy rate more than expected in August On 15 August, the Monetary Policy Committee of the Central Bank of Uruguay (BCU) reduced its policy rate by 75... -
Canada: Inflation overshoots market expectations in July Inflation rose to 3.3% in July, above June’s 2.8%. The reading was primarily due to a less favorable base effect... -
China: Housing market weakens further in July In January–July, the contraction in property investment steepened to 8.5% year on year from 7.9% in January–June. Indicators for commercial... -
Israel: Inflation moderates more than anticipated in July Inflation came in at 3.3% in July, which was down from June’s 4.2%. July’s result represented the weakest inflation rate... -
China: Industry, investment and retail data disappoints in July Industrial output expanded 3.7% year on year in July (June: +4.4% yoy). July’s weakening was driven by decelerations in manufacturing... -
United Kingdom: Labor market shows further signs of softening According to the ONS, in April–June the unemployment rate registered 4.2%, up 0.2 percentage points from the previous rolling quarter... -
United States: Retail sales growth picks up pace in July Retail sales expanded 0.7% month-on-month in seasonally-adjusted terms in July (June: +0.3% mom). The result marked the best reading since...