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Monthly archive September, 2020

New Zealand Q2 GDP Tumbles 12.2% On Quarter

New Zealand's gross domestic product dropped 12.2 percent on quarter in the second quarter of 2020, Statistics New Zealand said on Thursday - marking the country's largest single-quarter decline on record.Original Article Read More →

U.S. Business Inventories Inch Up In Line With Estimates In July

A report released by the Commerce Department on Wednesday showed a modest increase in U.S. business inventories in the month of July. The Commerce Department said business inventories inched up by 0.1 percent in July after slumping by 1.1 percent Read More →

New Zealand Posts SA NZ$482 Million Current Account Surplus In Q2

New Zealand posted a seasonally adjusted current account surplus of NZ$482 million in the second quarter of 2020, Statistics New Zealand said on Wednesday.Original Article Read More →

China’s Industrial Output Growth Tops Expectations

China's industrial production grew more than expected in August as fiscal stimulus and exports boosted economic activity and retail sales recovered on domestic demand, official data revealed Tuesday. Industrial production growth improved to 5.6 percent from 4.8 percent in July, Read More →

European Economics Preview: Germany Foreign Trade Data Due

Foreign trade data from Germany and revised GDP data from euro area are due on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is slated to issue Germany's foreign trade data for July. Read More →

Japan GDP Shrinks More Than Estimated In Q2

Japan's economy contracted more than initially estimated in the second quarter, largely due to a sharp downward revision in capital investment, second estimates from the Cabinet Office showed Tuesday. Due to the restrictions imposed to contain the coronavirus spread, gross Read More →