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Economy : Page 2

Germany to run world's largest current account surplus in 2019, says Ifo
German industrySeptember 13, 2019 ET
Germany will run the world\'s largest current account surplus in 2019 for the fourth consecutive year, the Ifo economic institute said on Friday, likely putting further pressure on Berlin to help reduce global imbalances and stimulate domestic demand.
Bulgaria's trade deficit grows almost 50 percent in 2018
Bulgaria streetSeptember 13, 2019 ET
Bulgaria\'s foreign trade deficit was 6.85 billion Bulgarian levs (BGN) (3.84 billion U.S. dollars) in 2018, while in 2017 the figure stood at 4.64 billion BGN, official data showed on Thursday.
Germany August inflation rate 1.4%
German industrySeptember 12, 2019 ET
The inflation rate in Germany was confirmed at 1.4 percent year-on-year in August 2019, down from 1.7 percent in the previous month.
France's August inflation rate slows faster than expected
FranceSeptember 12, 2019 ET
France\'s annual inflation rate fell to 1.0 percent in August of 2019 from 1.1 percent in the prior month and below an initial estimate of 1.1 percent.
Brazilian July retail sales smash forecasts
Brazil retail storeSeptember 12, 2019 ET
Brazilian retail sales in July chalked up their biggest rise so far this year, government statistics agency IBGE said on Wednesday.
Hungary's inflation eases in August
Hungary streetSeptember 11, 2019 ET
Hungary\'s consumer price inflation eased for the third straight month in August, the Hungarian Central Statistical Office reported.
Sudan's inflation rate rises to 53.13 percent in August
Sudan streetSeptember 11, 2019 ET
The inflation rate in Sudan rose to 53.13 percent in August compared with 52.59 percent in July, Sudan\'s Central Statistics Bureau said.
South Korea's export grows 7.2 percent for first 10 days of August
South Korea port with containersSeptember 11, 2019 ET
South Korea\'s export grew for the first 10 days of this month on a slight rise in business days, customs office data showed Wednesday.
China exports drop in August
China port containersSeptember 10, 2019 ET
In August, exports fell 1.0% over the same month last year.
Moody's cuts South Africa's 2019 GDP growth forecast to 0.7%
South Africa streetSeptember 10, 2019 ET
Moody\'s further trimmed its economic growth forecast for South Africa to 0.7% in 2019 from a June forecast of 1.0%, saying a slowdown in global and regional growth would impact negatively on government tax revenue and hurt growth.\r\n\r\nMoody\'s, which assigns South African debt its only remaining investment-grade rating, sees gross domestic product growth in 2020 of 1.5%, its associa
European auto sector downturn eases in August
European autoSeptember 10, 2019 ET
European Sector PMI indices are compiled from responses to IHS Markit\'s European PMI surveys, covering over 8,000 private sector companies in 11 countries.
U.S. industrials output growth slips to near 3.5 year low
U.S. manufacturingSeptember 10, 2019 ET
U.S. Sector PMI indices are compiled from responses to questionnaires sent to purchasing managers in IHS Markit\'s U.S. manufacturing and services PMI survey panels, covering over 1,000 private sector companies.
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