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Global Economics Monthly Review

September 2020

 

  • 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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