Taiwan manufacturing loses growth momentum in September
The manufacturing sector in Taiwan saw a further loss of growth momentum during September, the latest survey from Markit Economics showed on Friday (Oct. 1).
Economy
Japan’s economic recovery remains fragile
Japan's economy grew an annualized 1.9% in the second quarter of 2021, the Cabinet Office said on Wednesday (Sept. 8), beating economists' median forecast for a 1.6% gain and the initial estimate of a 1.3% expansion.
Inflation in Germany surged to 13-year high in July
The inflation rate in Germany, measured as the year-on-year change in the consumer price index, is expected to pick up to 3.8% year-on-year in July of 2021, data from the Federal Statistical Office (Destatis) revealed on Thursday (July 29).
Emerging economies to see 4.2% growth this year
Emerging economies in eastern Europe, Central Asia and northern Africa are expected to see 4.2% growth in 2021, according to the European Bank for Reconstruction and Development (EBRD).
World trade stages an impressive recovery in Q1 2021
World trade recovery from the COVID-19 crisis hit a record high in the first quarter of 2021, increasing by 10% year-over-year and 4% quarter-over-quarter, according to UNCTAD’s Global Trade Update released on 19 May.
World economy to grow 5.1% in 2021 OPEC says
The Organization of the Petroleum Exporting Countries (OPEC) expects the world economy to grow 5.1% in 2021, revising up its previous estimate (4.8%), according to the cartel's closely-scrutinized monthly market report released on Thursday (March 11).
IMF sees impressive growth rate for India in 2021
The world economy will grow 5.5% in 2021, after sinking 3.5% in 2020, the worst year since World War II, the International Monetary Fund (IMF) predicted Tuesday (Jan. 26).
Record amounts of debt to weigh on recovery prospects
The world economy kicks off 2021 with record high debt levels that will slow post-coronavirus recovery and could destabilize some countries, the Institute of International Finance (IFF) warned.
Russian economy to recover quicker than expected
The Russian economy could pick up faster than expected, the country's Central Bank Head Elvira Nabiullina stated on Friday (Dec. 18). "We expect a stable restart of recovering growth next spring," Nabiullina told TASS news agency.
UBS: Re-imposition of restrictions, not US elections a major downside risk for Q4
Countries around the world are re-imposing painful Covid-19 restrictions on public life and that’s a “major downside risk” for the fourth quarter, according to Swiss banking giant UBS.
