Kuwait's total imports rose by 22% in Q2 2025 to 3.26 billion dinars, driven significantly by increased demand for vehicles, gold, and medical supplies, reflecting robust economic activity and consumer confidence.
Spain has emerged as a significant contributor to Eurozone job growth, with its employment reaching a record high of 22.39 million people in Q3 2025. Despite a slight uptick in the unemployment rate to 10.45% due to an expanding workforce, the country's labor market shows strong dynamism, particularly in the private and service sectors, bolstered by immigration and economic reforms.
Argentina's economy registered an annual growth of 2.4% in August, marking its slowest expansion in nine months. This deceleration comes just weeks before the nation's legislative elections on October 26, where President Javier Milei's party seeks to bolster its congressional presence to advance economic reforms.
The UK's annual inflation rate unexpectedly held at 3.8% in September 2025, marking the third consecutive month at this level. Reported by the ONS, this figure is double the Bank of England's 2% target, despite being lower than the 4% forecast by economists. The persistent inflation suggests continued caution regarding interest rate adjustments.
The IHK Business Survey for Autumn 2025 indicates that economic sentiment in Saxony, Germany, remains very low. The IHK Business Climate Index has fallen to 97 points, reflecting stagnating sales, declining orders, and rising costs across approximately 1,800 surveyed companies. No significant recovery is anticipated in the coming months.
Bank of Canada Governor Tiff Macklem announced the central bank will return to formal economic forecasting on October 29, 2025, after a hiatus due to trade uncertainty. Macklem emphasized a 'humble' approach, focusing on risks from global trade tensions and the upcoming CUSMA review.
Offshore Energies UK (OEUK) has unveiled a plan to inject £137 billion into the UK economy by 2050 and protect 160,000 jobs. The industry body is urging Chancellor Rachel Reeves to reform the Energy Profits Levy by 2026, replacing it with a stable, profits-based mechanism to unlock crucial investment in the North Sea and secure the nation's energy future.
Italy's trade surplus widened to €2.0 billion in August 2025, an increase from €1.3 billion recorded in the same month last year. This expansion occurred despite a 1.1% decrease in exports and a 4.1% decline in imports, with the surplus falling short of expectations. The statistical office ISTAT reported these figures, highlighting reduced trade with non-EU markets.
The UK economy experienced a marginal expansion of 0.1% in August, according to official figures, reversing a revised 0.1% decline in July. This slight uptick indicates a period of slow and fragile growth, with key sectors showing mixed performance amidst ongoing economic challenges.
The International Monetary Fund (IMF) has revised Greece's economic growth forecast downwards to 2% for both 2025 and 2026, from an earlier 2.3% for 2024. The Fund emphasized the critical need for ongoing fiscal discipline and structural reforms to manage the country's significant debt burden and ensure sustained economic stability.
Italy's Cabinet has approved its 2026-2028 budget draft, targeting a 2.8% deficit in 2026. Key measures include personal income tax cuts, 4.5-5 billion euros in contributions from banks and insurers, and funds for inflation compensation and business incentives. The draft now heads to the European Commission for review.
Indonesia's Finance Minister Purbaya Yudhi Sadewa announced a reevaluation of the nation's foreign exchange export earnings policy, citing its limited effectiveness in boosting foreign reserves. The policy, implemented in March 2025, requires natural resource exporters to retain 100% of proceeds domestically for 12 months. Foreign reserves fell to $148.7 billion in September 2025.
Germany's exports to the United States fell for the fifth consecutive month in August 2025, dropping 2.5% month-on-month to €10.9 billion. This decline, the lowest since November 2021, is primarily attributed to U.S. tariffs on European goods, including automotives and pharmaceuticals, impacting Germany's key export market.
A British Chambers of Commerce survey revealed persistently low business sentiment in the UK, with less than half of firms expecting increased turnover. Taxation emerged as the primary concern for businesses ahead of the Autumn Budget 2024, with confidence levels remaining fragile.
The World Bank's latest 'Bangladesh Development Update' reveals the nation's economy rebounded in the second half of FY25, driven by strong exports and remittances. However, the report emphasizes the critical need for bold reforms in revenue, banking, energy, and investment climate to ensure sustained growth, job creation, and poverty reduction.
Ireland's Budget 2026, announced on October 7, 2025, outlines a €9.4 billion package prioritizing housing supply, job protection, and economic growth. Key measures include tax relief for households, significant housing initiatives like reduced VAT on new apartments, and enhanced business tax incentives such as increased R&D tax credits.
A 39% tariff imposed by the United States on Swiss exports could jeopardize up to 20,000 jobs in Switzerland, according to a UBS economist. The tariffs, effective August 7, 2025, primarily impact industries like watchmaking and machinery, prompting Swiss officials to seek a negotiated solution amidst significant economic concerns.
The World Bank has revised Bosnia and Herzegovina's GDP growth projection for 2025 downwards to 2.6%, a 0.1 percentage point decrease from its earlier spring forecast. This adjustment reflects ongoing challenges including political instability, rising prices, and global uncertainties impacting the nation's economic outlook.
The World Bank has raised its 2025 GDP growth projection for Montenegro to 3.3%, an increase of 0.1 percentage point from its June forecast. This upward revision is attributed to robust private consumption, rising real wages, and sustained investment in infrastructure and renewable energy.
The World Bank's latest 'Sri Lanka Development Update' reports a strong but incomplete economic recovery in Sri Lanka, projecting 4.6% growth in 2025. Poverty remains twice as high as pre-crisis levels, affecting a significant portion of the population. The Bank urges urgent structural reforms, including efficient public spending and private sector-led growth, to ensure inclusive and sustainable development.
