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Germany Q2 GDP final, working-day adjusted, YoY 1.0% vs 0.9% expected; prior 0.9%.

2026-08-25

Germany Q2 GDP final, working-day adjusted, YoY 1.0% vs 0.9% expected; prior 0.9%.

Other News
2026-08-24

The Czech government, employers, and unions have reached an agreement to raise the minimum monthly wage to 24,900 Czech crowns in 2027, an increase of 11.2% over the 2026 level.

The Czech government, employers, and unions have reached an agreement to raise the minimum monthly wage to 24,900 Czech crowns in 2027, an increase of 11.2% over the 2026 level.
2026-08-25

Nine policy committee members were split at the August meeting; several said upside inflation risks could make further rate rises necessary. Other members judged the current cash rate of 4.35% is working and preferred to give more time to assess the

Nine policy committee members were split at the August meeting; several said upside inflation risks could make further rate rises necessary. Other members judged the current cash rate of 4.35% is working and preferred to give more time to assess the economy. Minutes said upcoming data must show inflation is likely to return to the 2–3% target band within a reasonable timeframe. The committee flagged the Middle East conflict, a global AI and data‑centre investment boom, and weak productivity as key risks, while some members described those risks as uncertain and recent economic flow as allowing policy to remain on hold. Market pricing implies a 13% chance the RBA lifts the cash rate to 4.6% at the Sep 28–29 meeting and roughly a 67% probability of another hike before February.
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