AGP Executive Report
Last update: 5 hours agoEurozone: Inflation reached 4% in October, driven by a 20.8% jump in energy prices, while business activity slowed and new orders nearly stalled. Economists expect the ECB may raise rates again in December. China: Services trade rose 8.5% in the first nine months of 2026, led by transport and knowledge-intensive services. New infrastructure guidelines aim to boost consumer spending and investment. Philippines: Digital activity made up 9.8% of the economy in 2025, but small businesses still face financing, productivity and technology-adoption hurdles. Australia: The Reserve Bank raised its key rate to 4.85%, its fifth increase this year; economists see rates near a peak, but warn tighter policy has yet to fully affect households and businesses. Housing: GTA home sales fell 7.9% year over year in October as uncertainty over inflation, borrowing costs and the economy kept buyers cautious.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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