Global Economics Monthly Review
Global economic activity continues to recover and global trade increased in June.
The preliminary indicators show a continuing recovery in the developed economies and in some of the developing economies, while the growth in China has slowed.
Inflation in the developed countries increased in July, but in August the inflation rate in the euro bloc fell to a negative level.
The central bank of Australia is concerned about dis-inflationary pressures after the inflation rate fell in the second quarter into negative territory.
- In Mexico, the central bank cut the interest rate in August, and additional monetary easing is likely, albeit at a slower pace.
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