European data shows no energy spillovers to core inflation currently.
economists
Australia's inflation eased to 3.5%, but a rate hike is still possible.
RBI's Poonam Gupta predicts India's growth will near 7 percent.
The Statistics Paper Series publishes innovative statistical work for central banks and economists.
Rising public debt squeezes the economy by increasing interest rates and reducing private investment.
Experts analyze the global economy at the British Chamber of Commerce Singapore conference.
Japan's weakening yen has failed to offset surging import costs, widening the trade deficit and fueling domestic inflation as currency depreciation outpaces rising prices for essential foreign goods and energy.
Economists universally warn that the spring 2026 US-Israeli war on Iran triggered severe global economic uncertainty, causing crude oil prices to surge 40 percent and destabilizing vulnerable middle-income and developing nations disproportionately through disrupted Arabian Gulf maritime trade.
Inflation is easing, but underlying pressures still remain in place currently.
Global geopolitics triggered an energy crisis in Alaska, impacting a local community.
Food inflation rises to 5.52 percent as RBI holds rates at 5.25 percent.
India's retail inflation rose to 4.45% in July.
Hong Kong's leader will unveil a 5-year plan in September, aiming to deliver game-changing ambitions.
China's exports rose 23.9% in July, beating forecasts, driven by strong tech demand.
The US trade deficit contracted as imports declined, yet ongoing tariffs continue to create economic uncertainty about future trade dynamics and consumer spending patterns.
President Trump's tariff increases on 60 countries face legal challenges while economists warn American businesses and consumers bear costs. Simultaneously, US sanctions on Russia prompted Moscow to develop alternative payment systems and deepen ties with China and India.
Inflation persists, and consumers will ultimately bear the cost.
Inflation exceeds forecasts, making a rate increase likely.
Japan's inflation accelerated in July, strengthening the case for a rate hike in September.
Indonesian business leaders and economists question President Prabowo's ambitious economic targets due to policy uncertainty and fiscal risks.
The global economy is currently defying expectations and performing better than anticipated.
UK claimant count fell 11,000 in July, defying forecasts of a rise.
Iran conflict may raise gas prices due to disrupted oil transportation and global market uncertainty.
Economists predict the Federal Reserve will hold interest rates steady through 2025, citing moderate inflation and a resilient labor market.
India's foreign exchange reserves surged to $707 billion as of August 3, up $14 billion weekly, driven primarily by foreign currency asset gains, strengthening the nation's external resilience against global economic shocks.
The United States announced an indefinite naval blockade against Iran, threatening severe economic sanctions as part of broader pressure tactics to contain Iranian regional activities and nuclear ambitions.
Iran's potential military escalation threatens to derail the G7's fastest-growing economy through disrupted Middle East energy supplies, creating significant geopolitical and economic instability across global markets.
US unemployment claims rose to 209,000, remaining at a historically healthy level.
Europe faces economic fallout from climate change, experiencing severe consequences.
Economist Dinesh K. Vohra argues India risks falling behind global economic transformation as artificial intelligence disrupts services, Vietnam surpasses Indian exports, and manufacturing consolidates in China, while India underinvests in research and innovation.
Elon Musk criticizes New York City Mayor Zohran Mamdani's plan for city-backed grocery stores.
The Indian government sustained its capital expenditure spending in Q1 despite global trade disruptions and geopolitical uncertainty, demonstrating commitment to infrastructure investment despite challenging external conditions.
The Federal Reserve's preferred inflation gauge remained elevated at 3.7% in July amid geopolitical tensions and trade disputes, staying above the Fed's 2% target and pressuring consumer finances ahead of midterm elections.
The US economy faces a warning sign with its $40 trillion debt balloon.
US unemployment claims dropped to 206,000 last week, indicating low layoffs and job security.
Chile's economy shrank 0.2% year-on-year due to a 6.4% decline in mining output.
Japan's budget will rely on inflation after Takaichi's food tax cut.
ICRA estimates India's GDP growth at a four-quarter low of 7% in April-June.
Canada's inflation rate rose to 3% in July due to higher gas prices.
El Nino weather phenomenon threatens to eliminate over five trillion dollars from the global economy, with India facing particular vulnerability due to its agricultural dependence and climate sensitivity in the broader context of climate change impacts.
AI adoption has not yet led to significant productivity growth or job losses in Australia.
AI displaces some white-collar jobs while creating new demand and widening the skills gap.
New Zealand Dollar weakens due to softer inflation expectations.
Tariffs are not effectively bolstering US production despite being a key tool used by Donald Trump.
President Trump criticized Iran's economy on Truth Social, posting that Iran has "no money" and blaming fifty-one years of bad behavior, sharing a chart showing the Iranian rial depreciated over fifty percent against the dollar amid US-Iran tensions.
Iran tensions are expected to significantly dampen UK economic growth in the second quarter, with analysts projecting a notably pronounced slowdown as geopolitical uncertainty disrupts business confidence and investment activity.
Federal Reserve Bank of San Francisco President Mary Daly indicated Tuesday that tariff-driven inflation pressures are moderating, suggesting potential rate cuts later this year as price shocks from trade policies dissipate.
