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New Zealand Has NZ$353 Million Trade Deficit

New Zealand posted a merchandise trade deficit of NZ$353 million in August, Statistics New Zealand said on Thursday.Original Article Read More →

Eurozone Private Sector Stagnates On Virus Resurgence

Following the resurgence of the coronavirus infection rates, the euro area private sector stagnated in September as faster growth in manufacturing was offset by a renewed downturn in the service sector, flash survey data from IHS Markit showed Wednesday. The Read More →

European Economics Preview: UK Consumer Price Data Due

Consumer and producer prices from the UK are due on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics is set to publish UK consumer and producer prices for August. Read More →

New Zealand’s Near-Term Economic Outlook Less Negative, Says Treasury

New Zealand's near-term economic outlook is less negative than estimated previously but the contraction in the June 2020 quarter will far exceed previous records, the treasury said Wednesday. The economy will shrink 16 percent in the June quarter, which was Read More →

UK Inflation Eases To Near 5-Year Low

UK inflation slowed to a near five-year low in August largely driven by subsidies provided for eating out and lower taxes, the Office for National Statistics reported Wednesday. Inflation eased less-than-expected to 0.2 percent in August from 1 percent in Read More →

OECD Lifts Global GDP Forecast As Covid-19 Containment Measures Ease

The Organisation for Economic Cooperation and Development upgraded its global economic forecast for 2020 as output picked up swiftly following the easing of coronavirus confinement measures and the initial re-opening of businesses. According to the interim economic outlook report, released Read More →