Economics
Israel Q2 GDP Growth Revised Lower in 2nd Estimates
Israel’s economy grew at an annualized rate of 14.9% in the second quarter of 2026, rebounding sharply from an upwardly revised 1.7% contraction in the first quarter as the impact of the war with Iran eased. The reading was slightly below the first preliminary estimate and market expectations of 15.9%. The downward revision mainly reflected […]
by Currency Hedger
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- 3 weeks ago
Euro Area Industrial Production Falls Less than Expected
Euro Area industrial production declined 0.1% in July 2026, matching the fall recorded in June but performing slightly better than the 0.2% contraction expected by markets. The monthly decline reflected weaker output of non-durable consumer goods, which fell 1.6% (vs 1.8% in June) while energy production growth slowed to 0.9% from 1.4%. In contrast, production […]
by Currency Hedger
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- 3 weeks ago
Italian August Inflation Confirmed at 3-Year High
The annual inflation rate in Italy rose to 3.3% in August 2026 from 2.9% in July, confirming the preliminary estimate and marking the highest reading since September 2023. The main upward contribution came from higher energy prices, with regulated energy inflation rising to 18.6% from 14.8% and non-regulated energy inflation increasing to 17.0% from 11.4%, […]
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- 3 weeks ago
South Africa Inflation Expectations Soften to 4% in Q3
South Africa’s one-year-ahead inflation expectations among households eased to 4% in Q3 2026 from 4.2% in the previous period, when the oil shock caused by the Middle East conflict pushed expectations higher. Average inflation expectations two years ahead, a measure the central bank closely tracks in setting interest rates, also edged down to 3.8% from […]
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- 3 weeks ago