The GfK consumer climate index is forecast to rise to minus 24.4 in August from minus 25.2 in July, marking...
Latest Global Economic News
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Germany: Consumer sentiment expected to rise in August -
Euro Area: ECB delivers another 25 basis point hike in July but strikes more dovish tone At its 27 July meeting, the European Central Bank (ECB) hiked the main refinancing operations rate, the marginal lending facility... -
Korea: Month-ahead business sentiment among manufacturing firms falls in August Month-ahead business sentiment among manufacturing firms came in at 69.0 in August, down from July’s 72.0. Consequently, the index remained... -
Ukraine: NBU initiates monetary policy easing earlier than expected At its 27 July meeting, the National Bank of Ukraine (NBU) cut its key policy rate by 300 basis points... -
United States: GDP picks up in the second quarter GDP growth sped up to 2.4% in seasonally adjusted annualized rate terms (SAAR) in the second quarter, from 2.0% in... -
Mexico: Merchandise exports rise at a milder pace in June Merchandise exports rose 1.1% year-on-year in June (May: +5.8% year-on-year). While oil exports declined sharply due to lower crude prices,... -
Korea: Industrial output dips in June Industrial output dropped 1.0% in month-on-month seasonally-adjusted terms in June, which contrasted May’s 3.0% increase. June’s notable downturn was largely... -
Australia: Inflation moderates in Q2 Annual inflation came in at 6.0% in Q2, down from Q1’s 7.0% and marking the lowest reading since the third... -
Russia: Industrial output growth ebbs in June Industrial output rose 6.5% compared to the same month of the previous year in June, which was a deterioration from... -
Brazil: Current account swings to deficit in June Brazil’s current account recorded a USD 0.8 billion shortfall in June, swinging from the USD 0.3 billion surplus posted in...