British economy grew by 0.3% in July

September 9, 2018 10:21 pmComments Off on British economy grew by 0.3% in July
British economy grew by 0.3% in July

The British economy grew by 0.3% in July on a monthly basis, supported by the heat wave and the World Cup, according to data from the Office of National Statistics. For the second quarter of the year there was a growth of 0.6% on a quarterly basis – the fastest rate of acceleration of nearly an year. “The services were strong, and retail sales were good, boosted by the warm […]

Read more ›

Turkish economy shows signs of slowdown in Q2 2018

8:07 amComments Off on Turkish economy shows signs of slowdown in Q2 2018
Turkish economy shows signs of slowdown in Q2 2018

Turkish economy shows signs of slowdown in Q2 2018, which some investors believe will turn into a technical recession later this year. The Turkish economy has grown by 5.2% on an annual basis in the second quarter, according to official data. Despite solid growth, however, the new data suggest a slowdown in growth, because in the first quarter of this year the Turkish economy reported expansion of 7.4%. And although […]

Read more ›

Japanese economy grew in Q2 2018 with the fastest pace since 2016

September 8, 2018 11:46 pmComments Off on Japanese economy grew in Q2 2018 with the fastest pace since 2016
Japanese economy grew in Q2 2018 with the fastest pace since 2016

The Japanese economy grew in Q2 2018 with the fastest pace since 2016 thanks to a faster increase in capital spending, even though global trade pressures and the natural disasters posed risks for performance. The revised data shows that the Japanese economy rose at an annual rate of 3% between April and June, outpacing analysts’ consensus forecast of 2.6% and significantly outpacing preliminary data from last month for growth of […]

Read more ›

The EU and Eurozone economy continues to grow in the second quarter

September 7, 2018 10:54 pmComments Off on The EU and Eurozone economy continues to grow in the second quarter
The EU and Eurozone economy continues to grow in the second quarter

The European Union (EU) economy grew by 0.4% in the second quarter of 2018, according to the original seasonally adjusted data of Eurostat. Thus, the EU economy kept its growth in the first three months of this year. On an annual basis, however, the gross domestic product of the EU increased by 2.1% in the period April-June. However, there was a slight slowdown in comparison with the previous quarter when […]

Read more ›

German exports and industrial production declined in July

10:50 amComments Off on German exports and industrial production declined in July
German exports and industrial production declined in July

German exports and industrial production reported an unexpected decline in July, which is a new sign that producers in the largest European economy feel the impact of US President Donald Trump’s protectionist trade policies. According to data from the Federal Statistical Office, the seasonally adjusted exports for July decreased by 0.9% on a monthly basis, while imports increased by 2.8%. This is the biggest surge in imports for nearly four […]

Read more ›