South Africa’s manufacturing output declined at a softer pace in June as the Covid-19 pandemic and lockdown regulations since late March had an extensive impact on economic activity, data from Statistics South Africa showed on Tuesday. Manufacturing output fell 16.3 percent year-on-year in June, following… [Read more…][1]
![uk export factory 051117 11aug20][2]
UK employment declined the most since the global financial crisis of 2009 as the coronavirus pandemic took its toll on the labor market, data from the Office for National Statistics showed Tuesday. As the lockdown and social distancing to curb the spread of the Covid-19 weighed on job creation, employment declined by 220,000 from the previous quarter to 32.92 million in the second quarter. [Read more…][3]
Hungary’s consumer price inflation rose to the highest in four months in July, data from the Hungarian Central Statistical Office showed on Tuesday. The consumer price index rose 3.8 percent year-on-year in July, following a 2.9 percent increase in June. Economists expected 3.2 percent rise. The… [Read more…][4]
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