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economic contraction

According to data from the Federal Statistical Office (Destatis), the German economy contracted during the second quarter of 2025, reflected in a 0.3 % drop in Gross Domestic Product. Among the causes of this contraction are the turbulence in global trade that is affecting domestic economic…
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Brazil’s economy contracted in September

In a recent report, the Central Bank announced that Brazil's economic activity experienced a contraction of 0.06 % in September compared to the previous month, reaching its lowest point since January. The monthly index of economic activity,…

Economic growth in Latin America will be 6.3 %

The International Monetary Fund (IMF) published the new estimates on economic growth for Latin America in 2021, raising them to “6.3 %, that is, half a point above its July forecast, thanks mainly to the good development of the raw material…