What parts of the world have seen the best economic performance lately? Here is a ranking of countries with the strongest GDP growth over the past 3 months:
The Reserve Bank of Australia will on Tuesday release the minutes from its August 11 monetary policy meeting, highlighting a busy day for Asia-Pacific economic activity. At the meeting, the RBA kept its benchmark lending rate steady at 4.35 percent following 25 basis point hikes in February, March...
Taiwan's hseasonally adjusted unemployment rate came in at 3.33 percent in July, the same as in the previous month. On an unadjusted basis, the jobless rate rose to a 1-year high of 3.39 percent in July from 3.34 percent in the previous month. Unemployment increased by 9,000 from the previous month to 409,000.
Poland's retail sales growth moderated more than expected in July. At constant prices, retail sales advanced 3.9 percent annually in July, much slower than the 6.2 percent rise in June, which was the fastest growth in three months. The slower growth in July was mainly due to a 1.7 percent fall in sales of textiles, clothing, and footwear, followed by
The Czech economy's confidence remained slightly less positive in August, and consumers also showed a less optimistic attitude. The economic sentiment index dropped to 100.5 in August from 101.1 in July. Nonetheless, a score above 100 indicates an optimistic outlook. The consumer confidence index declined to a 13-month low of 102.3 from 105.6 in July.