Economy
Macro-economic news: growth, inflation, indicators and central banks.
371 articles
German Inflation Hits 2.8% as Fuel Subsidy Ends and Energy Costs Jump
Germany’s annual inflation hit 2.8% in July after the fuel tax rebate expired, with energy prices up 8.3% year on year a...
US Inflation Eases to 3.4% in July as Oil Prices Retreat
Lower oil prices helped US consumer inflation ease to 3.4% in July, matching forecasts, but AI-driven computing demand i...
German Inflation Hits 2.8% as Fuel and Heating Oil Prices Jump
German inflation rose to 2.8% in July as fuel and heating oil prices surged after a temporary tax cut ended. Economists ...
Germany's Per-Capita Hours Slip as Men and Under-55s Cut Back
Average weekly hours per 20–64-year-old fell 0.3 below the 2023 record, driven by men and middle-aged workers; over-60s ...
New Fed Chair Warsh Faces Early Fire Over Communication, But El-Arian Defends Reform Push
Former Fed officials and columnists question Kevin Warsh's public silence; FT commentator Mohamed El-Arian argues the pu...
PBoC Details Rate Cuts and New Relending Tools After 4.7% Growth
China's central bank reports lower corporate borrowing costs, a stronger yuan and targeted credit expansion, while signa...
US Inflation Slows to 3.4% in July, but September Fed Decision Hangs in the Balance
Cooling headline and core inflation matched forecasts, yet a split Fed, weak July payrolls and a largely closed Strait o...
Germany's 2026 Tax Bill Hikes Interest Rates, Expands R&D Credit, and Forces Digital Tax Delivery
The German cabinet approved the Annual Tax Act 2026, introducing higher tax interest, a €25 million R&D credit cap, defa...
Markets Hold Breath as US CPI Test Looms for New Fed Chair Kevin Warsh
Investors brace for US inflation data that will determine whether the Federal Reserve raises rates in September. AI stoc...
Chile, Latin America's Top-Rated Sovereign, Faces Fresh Downgrade Risk Over Tax Cuts
Fitch warns Chile's recent tax cuts may not deliver the growth needed to offset lost revenue, leaving the 2027 budget as...
Polish GDP Growth Forecast at 3.5% as Investment Surges, But Rate Cuts Remain Distant
A survey of 26 financial institutions shows investment and exports driving Polish expansion, while consumer caution over...
Georgia Ranks 48th in World for Export Dependence, With 47.4% of GDP Tied to Trade
Georgia's exports reached $18bn in 2025, 47.4% of GDP, ranking 48th globally. Heavy dependence on tourism and re-exports...
Trump Renews Push to Fire Fed Governor, Pressures Warsh on Interest Rates
President Trump sends a letter to Fed Governor Lisa Cook accusing her of offenses, while pushing Chair Kevin Warsh to ke...
Why July’s US Inflation Report Could Jolt Markets and Reshape Fed Bets
The US consumer price index for July is expected to show headline inflation easing to 3.4% and core to 2.5%. With the Fe...
Extreme Heat Could Wipe Out EU's 2026 Growth, Warns Triodos Study
A new analysis from Triodos Bank estimates the EU could lose around 1% of GDP, or €180 billion, due to heat-induced lowe...
ISM Services PMI Inches Up to 54.1, but Employment Slips into Contraction
The ISM Services PMI edged 0.1 point higher to 54.1 in July, supported by surging business activity and solid new orders...
Triodos Bank Warns Summer Heatwaves Could Wipe €180 Billion Off EU Economy
A new report from Dutch lender Triodos warns that extreme heat and drought in summer 2026 could slash EU GDP by 1% — equ...
China's July Inflation Cools to 0.5%, Opens Door for Consumer Stimulus
Consumer price growth eased markedly in July as slower fuel costs offset service-sector gains, giving Beijing ample room...
China’s July Data Signals Broader Consumption, Investment Surge in Advanced Manufacturing
Offline consumption payments rose 2.2% y/y with big-ticket items rebounding, while advanced manufacturing investment soa...
Bulgaria Industrial Output Drops 2.5% YoY, But Tech Manufacturing Booms
Overall industrial production fell in June, but a 39.3% surge in electronics output and steep declines in mining and tex...
French Unemployment Climbs to 8.3%, PM Lecornu Defends Macron's Labour Legacy
French unemployment rose to 8.3% in Q2 2026, highest since 2020. PM Lecornu blamed a new full-employment law that reclas...
Silver Economy Redraws Pensions, Careers and Consumer Markets
Global ageing means over-60s will outnumber children by 2036. Andrea Falcone of The Shift argues that longer lives deman...
Buckle Up: RBA Rate Pause May Be Brief as Housing Market Braces for Turbulence
While the RBA is widely expected to hold rates steady this week, economists caution that another hike is likely before y...
Turkey's Export Climate Index Hits 52.2 as Germany and UK Return to Growth
The ISO Manufacturing Export Climate Index rose to 52.2 in July, its highest since early 2024, as eight of Turkey's top ...
RBA Set to Hold Cash Rate at 4.35% as Inflation Surprise Eases Pressure
Australia's central bank is expected to keep interest rates on hold next week after headline inflation fell unexpectedly...
China Factory-Gate Inflation Slows to 3.5% as Domestic Demand Lags
Producer price inflation in China rose just 3.5% year-on-year in July, the slowest pace in three months, while consumer ...
Banxico Delays 3% Inflation Goal to Late 2027 as Core Prices Stay Sticky
The Bank of Mexico held its benchmark rate at 6.50% and pushed back the forecast for reaching its 3% inflation target by...
Russia's Parallel Imports Steady at $1.7 Billion a Month, List Unchanged — Official
Deputy Trade Minister Roman Chekushov says monthly parallel imports into Russia have stabilized at $1.7 billion, with no...
El Niño Threatens to Send Brazil Food Inflation to 9.5% in 2027
A Super El Niño could push food-at-home inflation in Brazil to between 7.5% and 9.5% next year, with a peak of 11% betwe...
July Jobs Shock Erases September Rate Hike Bets, Ignites Stock Rally
The U.S. economy unexpectedly lost 23,000 jobs in July, far below forecasts of an 83,000 gain, leading traders to abando...